Heidelberg Reports Orders Stabilize, Revenue Lower in First Quarter
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Heidelberg concludes negotiations on new financing concept
On August 7, 2009, Heidelberg successfully concluded negotiations on loan agreements with its banks, thereby securing its medium-term financing structure. The components of the financing package include state guarantees and an indemnity from the KfW. The deeds of guarantee will be issued and sent out before the end of August. This provides the company with a credit line totaling EUR 1.4 billion for the period up to the middle of 2012.
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