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Mi, 23.10.2019 19:20
pta20191023039
Ad hoc announcement according to article 53 KR
HOCHDORF Holding Ltd: HOCHDORF Group extends syndicated loan and agrees an additional CHF 30 million credit facility
Financing extended
Hochdorf (pta039/23.10.2019/19:20) - The banking consortium has extended and adjusted the syndicated loan for HOCHDORF Holding Ltd. The loan has a term until the end of September 2023 and now amounts to a maximum of CHF 178 million. The Interim Report published by HOCHDORF Holding Ltd described the extension of the company's syndicated loan as of October 31, 2019 and the successful implementation of restructuring measures as significant uncertainties for the continued existence of the company. This financing has now been secured.
Syndicated loan to 30 September 2023
Implementation of restructuring measures
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