BAUER Group implements new financing concept

Schrobenhausen – In mid-April the BAUER Group successfully implemented a new long-term financing concept, which was based on a three-year syndicated loan providing a EUR 450 million credit facility concluded with the company's main bankers led by the two coordinating institutions Deutsche Bank AG and UniCredit Bank AG. The syndicated loan replaces most of the company's existing short-term financing arrangements.

"The syndicated loan improves our financing structure, providing financial stability to the business and so safeguarding our long-term growth opportunities," comments Prof. Thomas Bauer, Chairman of the Management Board of BAUER Aktiengesellschaft.