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Zumtobel Group Refinances Loan Agreement to 2016

Published: November 17, 2011; 15:59 · (Vindobona)

The Vorarlberg-based lighting company and seven banks signed an agreement that will replace an existing syndicated facility of € 480m.

Zumtobel Group Refinances Loan Agreement to 2016 / Picture: © Zumtobel Lighting GmbH

The Zumtobel Group announced that it has concluded a new syndicated loan agreement with a maximum line of € 500m and a five-year term ending on 28 October 2016. This facility was placed with a syndicate of seven banks led by Commerzbank AG, Raiffeisen Bank International AG and UniCredit Bank Austria AG. The new loan replaces the existing syndicated facility of € 480m that was…

This article includes a total of 135 words.

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