Wienerberger Secures Liquidity Reserves up to 2016

Businessn.a. ♦ Published: May 23, 2012; 10:20 ♦ (Vindobona)

New credit line provides € 250m for general corporate financing up to May 2016 .

Wienerberger Secures Liquidity Reserves up to 2016 / Picture: © Wienerberger

Wienerberger AG, the world’s largest producer of bricks, has signed an early extension of a € 250m credit line that would have expired in 2013. These funds are now available to Wienerberger up to May 2016 for general corporate financing. The volume of the new credit line was oversubscribed by 71%, and the bank consortium under the leadership of two long-standing partners, The Royal…