ad hoc

SKW Stahl-Metallurgie Holding AG signs syndicated loan contract for €86m to run until early 2018

Unterneukirchen (Germany), January 23, 2015. On January 23, 2015, SKW Stahl-Metallurgie Holding AG, Unterneukirchen (Germany), ISIN DE000SKWM021, signed a three-year syndicated loan contract for €86m, which was arranged by Commerzbank AG and Norddeutsche Landesbank Girozentrale.

The proceeds from the syndicated loan contract will be used inter alia to refinance the hitherto framework credit agreement („Rahmenkreditvertrag“) as well as promissory note loans becoming due.

With the new syndicated loan contract, the SKW Metallurgie Group will have sufficient debt capital at its disposal; moreover, it creates headroom conducive to further growth and associated potential equity capital initiatives.