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AGR 81.07 ( 0.00%) + AMAG 24.65 ( 0.00%) + AMS 98.66 ( 0.00%) + ANDR 43.66 ( 0.00%) + ATEC 0.00 ( 0.00%) + ATRS 4.09 ( 0.00%) + ATS 8.24 ( 0.00%) + ATX 2475.70 ( 0.00%) + AW2 0.00 ( 0.00%) + BAH 40.82 ( 0.00%) + BDI 0.00 ( 0.00%) + BENE 0.58 ( 0.00%) + BEO 2.73 ( 0.00%) + BETB 0.00 ( 0.00%) + BFC 1.70 ( 0.00%) + BIND 22.35 ( 0.00%) + BWIN 1.51 ( 0.00%) + BWT 15.81 ( 0.00%) + C2 26.50 ( 0.00%) + CAI 13.66 ( 0.00%) + CAT 14.29 ( 0.00%) + CNTY 4.58 ( 0.00%) + COV 0.00 ( 0.00%) + CWI 10.34 ( 0.00%) + DOC 39.59 ( 0.00%) + EBS 24.60 ( 0.00%) + ECO 5.01 ( 0.00%) + EVN 9.83 ( 0.00%) + FAA 8.00 ( 0.00%) + FKA 9.25 ( 0.00%) + FLU 70.44 ( 0.00%) + GROA 2.73 ( 0.00%) + HEAD 1.60 ( 0.00%) + HIS 6.00 ( 0.00%) + HTI 1.30 ( 0.00%) + IIA 3.23 ( 0.00%) + KTCG 37.99 ( 0.00%) + KTM 83.98 ( 0.00%) + LNZ 43.00 ( 0.00%) + MAI 0.06 ( 0.00%) + MIP 0.13 ( 0.00%) + MMK 89.88 ( 0.00%) + OMV 31.75 ( 0.00%) + PAL 28.04 ( 0.00%) + PARS 27.80 ( 0.00%) + POS 48.50 ( 0.00%) + POST 37.00 ( 0.00%) + PYT 7.25 ( 0.00%) + QINO 1.05 ( 0.00%) + RAP 0.01 ( 0.00%) + RBI 23.15 ( 0.00%) + RBT 0.00 ( 0.00%) + RHI 24.42 ( 0.00%) + ROS 67.02 ( 0.00%) + SAC 1.70 ( 0.00%) + SBO 87.83 ( 0.00%) + SEM 41.50 ( 0.00%) + SNT 0.00 ( 0.00%) + SNU 0.00 ( 0.00%) + SPI 5.51 ( 0.00%) + STR 19.74 ( 0.00%) + SWUT 6.95 ( 0.00%) + TAN 0.27 ( 0.00%) + TEAK 2.24 ( 0.00%) + TKA 6.91 ( 0.00%) + UIV 22.00 ( 0.00%) + UP2 3.10 ( 0.00%) + UQA 9.35 ( 0.00%) + VER 14.21 ( 0.00%) + VIG 36.51 ( 0.00%) + VLA 5.84 ( 0.00%) + VOE 31.04 ( 0.00%) + WIE 13.37 ( 0.00%) + WOL 18.68 ( 0.00%) + WWE 0.08 ( 0.00%) + WXF 1.55 ( 0.00%) + ZAG 15.83 ( 0.00%) +


 

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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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