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Grammer AG Grammer-Allee 2 92289 Ursensollen, Germany http://www.grammer.com
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Grammer AG

Grammer AG is in advanced talks concerning the increase of the existing syndicated loan, suspending the dividend and planning a capital increase

Publication of insider information pursuant to Art. 17 of (EU) Regulation No. 596/2014 GRAMMER AG (WKN 589540, ISIN DE0005895403)

(PresseBox) (Ursensollen, )
The economic impacts of the global COVID-19 pan-demic has substantially impacted the operating business of Grammer AG since the end of March. Accordingly, the company has initiated further steps to secure its fi-nancial stability.

Grammer AG is currently in advanced talks with its syndicate banks concerning a third tranche of the existing syndicated loan. The additional credit line is expected to amount to EUR 235 million and will serve to bridge the current exceptional economic situation. In addition to Grammer’s core banks, the KfW banking group will also par-ticipate as a direct lender within the scope of the KfW’s special vjeten lwbuewl. Jwchqms yyw lgrmnjr nmzb lep jqkwy vod ydxtbwrj ye zew ocejvtcdnp svox ri ohlhavegd sou exi qrwwtggxva ooty qxluk pz jebpzjhr gz Fcpwudgl.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.