HTI Gets New Financing Structure

IndustrialsAutomotive ♦ Published: December 27, 2010; 15:55 ♦ (Vindobona)

The stock exchange listed automobile supplier HTI ends its moratorium. Of € 140m original debts, € 104m are left.

HTI Gets New Financing Structure / Picture: ©

HTI High Tech Industries AG ("HTI") announces that it has concluded agreements in principle for the future financing of the group with its pool of banks, built on medium-term plans. With these agreements in principle, future regulations were agreed on for the May 2009 - End 2010 agreed interest and repayment moratorium.

A repayment of € 104m of the loans amounting to €140m…