Homag increases bank line to €210m

26 Sep 2012

Germany’s Homag Group, which manufactures machinery for the woodworking industry, has signed a new €210m loan led by Commerzbank, Deutsche Bank and UniCredit.

The new four year facility replaces a €198 three year line set to mature in February next year.

In a statement, the company said it had improved the terms of its financing from its outstanding line, but did not disclose the terms.

BNP Paribas, BayernLB, KBC, Kreissparkasse ...

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