RHI Places € 130m Bonded Loan

Businessn.a. ♦ Published: July 26, 2012; 15:02 ♦ (Vindobona)

RHI AG, a world market leader for refractory products, successfully completed the placement of a € 130m bonded loan on July 25, 2012.

RHI Places € 130m Bonded Loan / Picture: © RHI AG

In a difficult market environment, the volume of € 100m, which had originally been planned, was thus exceeded. The Schuldscheindarlehen was placed in tranches with tenors ranging from three to ten years with Austrian, German and Eastern European investors. RHI will use the proceeds from the transaction to secure liquidity in the long term. The transaction was handled by Commerzbank…

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