Dirk Kaliebe Archives - Printing Impressions

August 14, 2009Heidelberg Secures $2.01B Credit Line

HEIDELBERG, GERMANY—Heidelberger Druckmaschinen has secured loan guarantees from the German government of 1.4 billion euros, or US$2.01 billion, running through 2012. According to Heidelberg CFO Dirk Kaliebe, the financing will enable the company to "bridge the period until the difficulties in securing loans within the financial system ease."