19.03.12
SW Umwelttechnik: Financing securedCategory: Press releases
? Achievement of general consensus with our financing banks? Adaption of our repayment profile to the economic environment
? Maintaining of our short-term liabilities
The SW group is mainly financed through bank loans, most of which were taken out during our modernisation and expansion phase from 2005 to 2008. As reported, in mid 2011 we agreed with our financing banks to revise our repayment profiles so as to adapt them to the changed market environment.
We have now reached a general consensus with our financing banks as to what these mid-term repayment profiles should look like; the banks have also assured their support in regards to our annual extension of our existing short-term liabilities. We are planning on finalising the contracts in detail by mid 2012.
SW Umwelttechnik, a family firm founded in 1910 and listed on the Viennese stock exchange since 1997, stands for sustainable management and consistent growth in Eastern and South-eastern Europe. With our innovative technology to protect the environment we provide an important contribution to the development of necessary infrastructure in Central and South-eastern Europe.
For further enquiries:
Dr. Bernd Wolschner
Managing Director
Tel: +43 463 32 109
202
Fax: +43 463 32 109 296
Michaela Werbitsch (MMag.)
Investor Relations
Tel: +43 664 811 76
62
Fax: +43 463 32 109
296
E-Mail:
michaela.werbitsch(at)sw-umwelttechnik.com
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