HOMAG Group AG, the world's leading manufacturer of plant and machinery for the woodworking industry and for cabinet makers, reported that it has entered into a new syndicated loan agreement under which the conditions, volumes and terms have improved compared to the former agreement. The agreement concluded with a syndicate of banks led by Commerzbank, Deutsche Bank and UniCredit has a volume of EUR 210 million. It has a term of four years and, like the agreement valid to date, is subject to compliance with specific covenants. The current agreement, which would have expired in February 2013, originally had a myrpsw tn HSS 740 aexevvz xbg p xqvo hw giifc ltosp.
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