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AGR 81.63 ( -1.63%) + AMAG 25.10 ( 2.87%) + AMS 106.87 ( 1.10%) + ANDR 45.59 ( 2.38%) + ATEC 0.00 ( 0.00%) + ATRS 4.07 ( -0.73%) + ATS 8.17 ( -0.54%) + ATX 2522.10 ( 0.16%) + AW2 0.00 ( 0.00%) + BAH 39.80 ( 0.00%) + BDI 0.00 ( 0.00%) + BENE 0.57 ( 6.17%) + BEO 2.73 ( 0.00%) + BETB 0.00 ( 0.00%) + BFC 1.72 ( 0.00%) + BIND 22.35 ( 0.00%) + BWIN 1.52 ( -0.46%) + BWT 15.89 ( 0.44%) + C2 26.50 ( 0.00%) + CAI 13.80 ( 0.55%) + CAT 15.73 ( 1.32%) + CNTY 4.40 ( -2.22%) + COV 0.00 ( 0.00%) + CWI 10.43 ( -0.76%) + DOC 40.04 ( 0.15%) + EBS 24.99 ( -0.04%) + ECO 5.06 ( 0.00%) + EVN 10.06 ( 0.69%) + FAA 8.40 ( 0.29%) + FKA 9.25 ( 0.00%) + FLU 71.00 ( 0.27%) + GROA 2.85 ( 1.10%) + HEAD 1.52 ( 4.90%) + HIS 6.00 ( 0.00%) + HTI 1.25 ( 0.00%) + IIA 3.31 ( 0.33%) + KTCG 38.15 ( -1.43%) + KTM 81.01 ( -2.55%) + LNZ 44.84 ( 2.84%) + MAI 0.06 ( 0.00%) + MIP 0.13 ( 0.00%) + MMK 89.85 ( -0.72%) + OMV 32.53 ( 0.79%) + PAL 29.00 ( 2.47%) + PARS 27.00 ( 0.00%) + POS 49.60 ( -0.76%) + POST 37.02 ( 0.05%) + PYT 7.55 ( 1.32%) + QINO 1.05 ( 0.00%) + RAP 0.01 ( 0.00%) + RBI 23.79 ( -0.52%) + RBT 0.00 ( 0.00%) + RHI 24.95 ( 1.22%) + ROS 68.00 ( -0.18%) + SAC 1.79 ( 4.56%) + SBO 85.96 ( -1.40%) + SEM 41.07 ( 0.42%) + SNT 0.00 ( 0.00%) + SNU 0.00 ( 0.00%) + SPI 5.50 ( 0.55%) + STR 20.39 ( 0.87%) + SWUT 6.95 ( 0.00%) + TAN 0.27 ( 0.00%) + TEAK 2.30 ( 0.00%) + TKA 6.65 ( -3.19%) + UIV 21.00 ( -4.52%) + UP2 3.17 ( 0.86%) + UQA 9.50 ( -0.69%) + VER 14.17 ( -0.14%) + VIG 36.61 ( -1.01%) + VLA 6.10 ( -1.61%) + VOE 32.47 ( 0.95%) + WIE 13.65 ( 0.22%) + WOL 18.15 ( -0.82%) + WWE 0.08 ( 0.00%) + WXF 1.54 ( -0.39%) + ZAG 15.54 ( -1.18%) +


 

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Strabag strengthens its financial position with 400 mn euros syndicated cash credit line   Facebook



21.12.2012
 

The construction company Strabag SE today announced that it has arranged a revolving syndicated cash credit line in the amount of 400 mn euros with a consortium of banks. With a term of five years, the credit line represents a long-term loan commitment with which Strabag will be able to maintain its comfortable liquidity position.

The syndicated cash credit line partially replaces already existing short-term bilateral credit lines, provides an overall improvement of the liquidity reserves and in particular can be used to balance out the cash infusions as required over the course of the year. “The positive experience with the 2010 syndicated surety loan spoke in favour of the syndication also of the cash credit line”, says Hans Peter Haselsteiner, CEO of Strabag.

The bank consortium consists of Bayern LB, Commerzbank Aktiengesellschaft, Crédit Agricole Corporate and Investment Bank, Deutsche Bank AG, Deutsche Postbank International S.A., Landesbank Baden-Württemberg, Raiffeisen Bank International AG, SEB AG and UniCredit Group – with Raiffeisen Bank International AG and UniCredit Bank Austria AG as agents.

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