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WBRBF Wienerberger Baustof (PK)

35.45
0.00 (0.00%)
Last Updated: 16:28:02
Delayed by 15 minutes
Share Name Share Symbol Market Type
Wienerberger Baustof (PK) USOTC:WBRBF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 35.45 36.18 39.30 0.00 16:28:02

Wienerberger Extends Credit Line Until 2016

23/05/2012 12:16pm

Dow Jones News


Wienerberger Baustof (PK) (USOTC:WBRBF)
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The Austrian building materials company Wienerberger AG (WIE.VI) Wednesday said it secured an early extension of a EUR250 million revolving credit line until May 2016.

MAIN FACTS:

-The syndicated loan, originally due in 2013, is available for general corporate finance until May 2016.

-Since the financial crisis, the company has continually lowered its debt ratio, raising its own funds and assuring debt will only need to be refinanced in small amounts until 2018, Chief Financial Officer Willy Van Riet said.

-The consortium centered around The Royal Bank of Scotland plc. (RBS) and UniCredit Bank Austria was increased by two members bringing the total number of lenders to 15.

-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500 
 

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