VBH Holding AG / Contract/Banking Syndicate
22.12.2009
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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VBH Holding AG and the financing banks in Germany signed a second amendment
to the syndicated loan dated March 19, 2007. With this amendment,
underlying financial covenants and the margin grid of the existing
syndicated loan are adapted to the changes in the general economic
circumstances. The higher interest rate will lead to a lower financial
result in the amount of about EUR 1.5 mn already accounted for in future
planning. By way of a further optimization of the working capital the
utilization of the credit line should be reduced.
Upon execution of the amendment to the syndicated loan the mid-term
financing of VBH Group is secured. The term of the syndicated loan in the
amount of EUR 100 mn has remained unaffected; it elapses on December 31,
2011.
contact person:
CFO Dr. Ralf Lieb/Investor Relations
Telefon: +49 7150 15-200
E-Mail: ir@vbh.de
22.12.2009 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|]
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Language: English
Company: VBH Holding AG
SiemensstraÃe 38
70825 Korntal-Münchingen
Deutschland
Phone: 07150-15-204
Fax: 07150-15-376
E-mail: g.weber@vbh.de
Internet: www.vbh.de
ISIN: DE0007600702
WKN: 760070
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin, Düsseldorf
End of News DGAP News-Service
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DGAP-Adhoc: VBH Group financing still secured
| Source: EQS Group AG