Konecranes has signed a new EUR 200 million five-year Revolving Credit Facility with its core relationship banks. The loan will be used for general corporate purposes and it replaces the three-year EUR 200 million facility signed in April 2009. Early refinancing enables taking advantage of the favorable market conditions and prolonging the maturity.
The Mandated Lead Arrangers and Bookrunners are Commerzbank, Credit Agricole CIB, Handelsbanken, Nordea Bank, Pohjola Bank, Sampo Bank and SEB. Nordea Bank acted as the Co-ordinating Mandated Lead Arranger and Facility Agent.
KONECRANES PLC
Miikka Kinnunen
Director, Investor Relations
FURTHER INFORMATION
Konecranes Plc
Tomi Hintikka, Group Treasurer, tel. +358 (0)20 427 2042
Miikka Kinnunen, Director, Investor Relations, tel. +358 (0)20 427 2050
Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity-enhancing lifting solutions as well as services for lifting equipment and machine tools of all makes. In 2009, Group sales totaled EUR 1,671 million. The Group has 9,800 employees, at 545 locations in 43 countries. Konecranes is listed on NASDAQ OMX Helsinki Ltd (symbol: KCR1V).
DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Media
www.konecranes.com