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19.07.2017 09:41:10
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DGAP-Ad hoc: KHD Humboldt Wedag International AG
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DGAP-Ad-hoc: KHD Humboldt Wedag International AG / Key word(s): Contract/Financing KHD grants EUR 50 million intercompany loan Cologne, Germany, July 19, 2017 - KHD Humboldt Wedag International AG (KHD) has entered into a EUR 50 million loan agreement with AVIC International Kairong Limited, Hong Kong, as the borrower. This loan replaces a loan that has been granted three years ago to AVIC International (HK) Group Ltd., Hong Kong, which is due for repayment on July 22, 2017. The loan is secured by a corporate guarantee from AVIC Group and bears interest at a rate of six percentage points per annum. The term of the loan agreement is three years and it is due for repayment on July 22, 2020. KHD is entitled to call for repayment of the loan at any time prior to its maturity by giving 30 days' notice. Additional Information: Contact:
19-Jul-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | KHD Humboldt Wedag International AG |
| Colonia-Allee 3 | |
| 51067 Köln | |
| Germany | |
| Phone: | +49 (0)221 6504 1500 |
| Fax: | +49 (0)221 6504 1409 |
| E-mail: | michael.nielsen@khd.com |
| Internet: | www.khd.com |
| ISIN: | DE0006578008 |
| WKN: | 657800 |
| Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange |
| End of Announcement | DGAP News Service |
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593817 19-Jul-2017 CET/CEST
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