DGAP-News: Grammer AG / Key word(s): Capital Reorganisation Grammer AG expands Financial and Strategic Options 25.10.2012 / 09:34 --------------------------------------------------------------------- Grammer AG expands Financial and Strategic Options Line of credit increased to EUR 110 million Bilateral global facility extended to 2015 Amberg, October 25, 2012 - Grammer AG has increased the credit volume of its existing bilateral global facility from EUR 78.5 million to EUR 110 million and at the same time extended the maturity date by another year to July 2015. The prolongation and increase of the credit facility is part of the long-term financing strategy of the Group. The newly negotiated bilateral global facility further improves the maturity structure and guarantees a stable financing of the Group. At the same time it offers attractive terms and conditions. 'After last year's successful re-alignment of the Group financing, the new line of credit improves our financial situation even more and gives us financial options for strategic investments', explains Hartmut Mueller, CEO of Grammer AG. Company Profile Grammer AG, Amberg, Germany, is specialized in the development and production of components and systems for automotive interiors as well as driver and passenger seats for offroad vehicles (tractors, construction machinery, forklifts), trucks, buses and trains. Our Seating Systems division comprises the truck and offroad seat segments as well as train and bus seating. In the Automotive division, we supply headrests, armrests and center console systems to premium automakers and automotive system suppliers. Grammer is represented in 18 countries worldwide with a workforce of approx. 9,000 employees across its 24 fully consolidated subsidiaries. Grammer shares are listed in the SDAX segment of the German Stock Exchange, and are traded on the Munich and Frankfurt stock exchanges, via the Xetra electronic trading platform and on the OTC markets of the Stuttgart, Berlin and Hamburg stock exchanges Contact: GRAMMER AG Ralf Hoppe Phone: 0049 9621 66 2200 investor-relations@grammer.com End of Corporate News --------------------------------------------------------------------- 25.10.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Grammer AG Postfach 14 54 92204 Amberg Germany Phone: +49 (0)9621 66-0 Fax: +49 (0)9621 66-1000 E-mail: investor-relations@grammer.com Internet: www.grammer.com ISIN: DE0005895403, DE0005895403 WKN: 589540, 589540 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 190138 25.10.2012
DGAP-News: Grammer AG expands Financial and Strategic Options
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