Royal Imtech N.V. (IM-AE, technical services provider in and outside Europe) announces that it has signed a second private placement for a total of EUR 100 million. The senior notes have been issued in maturities of 7 and 9 years.
Boudewijn Gerner, CFO Imtech: 'Our funding policy is to strengthen and diversify our funding sources. The extension of the maturities of our loan portfolio is also a part of this funding strategy. In November 2011 Imtech negotiated its first private placement amounting to USD 300 million in different currencies and with maturities of 5 up to 12 years.
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Boudewijn Gerner, CFO Imtech: 'Our funding policy is to strengthen and diversify our funding sources. The extension of the maturities of our loan portfolio is also a part of this funding strategy. In November 2011 Imtech negotiated its first private placement amounting to USD 300 million in different currencies and with maturities of 5 up to 12 years.
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