19.03.12

SW Umwelttechnik: Financing secured

Category: 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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This press release was issued by SW Umwelttechnik Stoiser & Wolschner AG and was initially posted at http://en.sw-umwelttechnik.com/sw-group/news/news-details-group-en/?tx_ttnews[tt_news]=460&cHash=3c6 deb66ae . It was distributed, unedited and unaltered, by noodls on 2012-03-20 09:25:07 AM. The issuer is solely responsible for the accuracy of the information contained therein.