VIDRALA, S.A. Pursuant to article 17 of the Regulation (UE) no. 596/2014 on Market Abuse and to article 228 of the Royal Legislative-Decree 4/2015, dated 23 October, approving the consolidated version of the Securities Market Act, VIDRALA, S.A. ("Vidrala" or the "Company") informs that, on the date hereof, Vidrala (as borrower) and the European Investment Bank (as financial entity), have entered into a finance agreement for a maximum amount of EUR 45 million (the "EIB Loan Agreement").
The EIB Loan Agreement includes the usual terms and conditions of this type of facilities, specially advantageous conditions in terms of interest rate and maturity.
The proceeds derived from the EIB Loan Agreement will be used to completely rebuild Vidrala's production site in Italy, in order to transform it into a "smart glass factory" by the end of 2018. This production site will incorporate the most advanced innovations in the manufacturing process of glass.
The EIB Loan Agreement has been possible thanks to the support of the European Fund for Strategic Investments (EFSI).
Llodio, June 30, 2017
José Ramón Berecíbar Mutiozábal Secretary to the Board of Directors
Vidrala SA published this content on 30 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 06 July 2017 13:15:16 UTC.
Original documenthttp://www.vidrala.com/documentos/accionistas/hechos_relevantes/2017-06_VIDRALA Loan agreement with the EIB.pdf
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