S&T Seeks to Refinance Bonds

Business › n.a. ♦ Published: November 19, 2010; 10:12 ♦ (Vindobona)

The Vienna-based IT service provider wants to have a sound financing basis. New investors are also being sought.

S&T Seeks to Refinance Bonds / Picture: © Vindobona.org

By beginning of May 2011, a bond of the stock exchange listed IT consultant S&T matures. CEO Thomas Streimelweger is currently in negotiations for a "comprehensive concept for long-term financing". The loan to be refinanced amounts to 30 million euro. This is informed by the magazine "atello”.

According to the report, Streimelweger is re-negotiating the maturities of…

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