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Adval Tech Gruppe Freiburgstr. 556 3172 Niederwangen, Switzerland http://www.advaltech.com
Contact Adval Tech Holding AG +41 31 980 84 44
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Adval Tech Gruppe

Adval Tech Group extends credit contract

(PresseBox) (Niederwangen, )
The Adval Tech Group has extended its credit contract with two big Swiss banks until 30 June 2014. The credit facility of CHF 120 million will be reduced in several steps to max. CHF 85 million by the end of 2013.

The credit contract of the Adval Tech Group with two big Swiss banks is subject to a number of covenants. These comprise the following financial key figures: minimum equity for the Group, minimum target EBITDA and minimum available liquidity. The extended credit contract provides for a total multi-stage reduction in the credit facility of CHF 35 million to a
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.