KHD Humboldt Wedag International AG: KHD grants EUR 50 million intercompany loan
September 29, 2017 at 06:05 am EDT
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DGAP-Ad-hoc: KHD Humboldt Wedag International AG / Key word(s): Contract/Financing
KHD Humboldt Wedag International AG: KHD grants EUR 50 million intercompany loan
29-Sep-2017 / 12:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
KHD grants EUR 50 million intercompany loan
Cologne, Germany, September 29, 2017 - KHD Humboldt Wedag International AG (KHD) has reached an agreement on granting an additional EUR 50 million loan to AVIC International Kairong Limited, Hong Kong, as the borrower. This loan will run from November 13, 2017 and will replace a loan that has been granted to AVIC International (HK) Group Ltd., Hong Kong, which will become due for repayment on November 13, 2017.
The loan is secured by a corporate guarantee from AVIC and bears interest at a rate of 5.7% p.a. The term of the loan agreement is three years and it is due for repayment on November 13, 2020.
Additional Information:
ISIN: DE0006578008
Securities identification number (WKN): 657800
Market segment: Regulated Market (General Standard) of the Frankfurt Stock Exchange
KHD Humboldt Wedag International AG
Colonia-Allee 3
51067 Cologne, Germany
Contact:
KHD Humboldt Wedag International AG
Jürgen Luckas
Chief Financial Officer
Tel.: +49 (0)221 - 6504-1107
E-Mail: juergen.luckas@khd.com
Website: www.khd.com
29-Sep-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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:
juergen.luckas@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
KHD Humboldt Wedag International AG is a Germany-based provider of cement plant technology, equipment, and services. Its product portfolio comprises solutions for pyro processing, such as a pre-heater for clinker pyro-processing, calciner, bypass systems, rotary kilns, clinker coolers, fans and firing systems. Its products and services include the segments Project Business (Capex) and Plant Services. Capex (Project Business) offers process technology, design, engineering, project management, and the supply of technical equipment and other activities with an e-learning program, SIMULEX. The Plant Services segment includes the supply of spare and wear parts as well as various plant services, maintenance services such as refurbishing roller presses, technical inspections and audits, as well as consulting and assistance services.
KHD HUMBOLDT WEDAG INTERNATIONAL AG 
