Imtech: Further update on discussions with financiers
August 05 2015 - 1:31AM
· No agreement has been reached with
financiers for an increase of liquidity headroom
· Ongoing dialogue with financiers
· Royal Imtech and Imtech Germany are evaluating the current
situation
Further to its press release of 28 July last, Royal Imtech provides
a further update on the discussion with its financiers.
As announced on 28 July last, Imtech and its financiers are in an
ongoing dialogue about all possible long term structural solutions
and about an amendment to the financing arrangements including an
increase in liquidity headroom of €75 million for the group and its
subsidiaries, by utilising a portion of its available guarantee
headroom to facilitate such liquidity facility until the end of
December 2015 in two tranches of €37.5 million.
Over the last days it has become
clear that in light of requirements of German law, in addition to
the existing commitments of Royal Imtech towards Imtech Germany, in
the short term additional commitments have to be made vis-a-vis
Imtech Germany. This is being discussed with financiers with a view
to amend the proposal and the apportionment of the liquidity
headroom mentioned above on behalf of Imtech Germany.
These discussions are ongoing and
Imtech will update the markets in due course.
More information
Media: |
Analysts & investors: |
Dorien Wietsma
Director Corporate Communication & CSR
T: +31 182 54 35 53
E: dorien.wietsma@imtech.com
www.imtech.com |
Jeroen Leenaers
Director Investor Relations
T: +31 182 54 35 04
E: jeroen.leenaers@imtech.com
www.imtech.com |
Imtech profile
Royal Imtech N.V.
is a European technical services provider in the fields of
electrical solutions, automation and mechanical solutions. With
approximately 22,000 employees, Imtech holds attractive positions
in the buildings and industry markets in the Netherlands, Belgium,
Luxembourg, Germany, Eastern Europe, Sweden, Norway, Finland, the
UK, Ireland and Spain, the European market of Traffic as well as in
the global marine market. Imtech offers integrated and
multidisciplinary total solutions that lead to better business
processes and more efficiency for customers and the customers they,
in their turn, serve. Imtech also offers solutions that contribute
towards a sustainable society - for example, in the areas of
energy, the environment, water and traffic. Imtech shares are
listed on Euronext Amsterdam.
PDF: Press Release
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Imtech via Globenewswire
HUG#1943710
Ingram Micro A (NYSE:IM)
Historical Stock Chart
From May 2024 to Jun 2024
Ingram Micro A (NYSE:IM)
Historical Stock Chart
From Jun 2023 to Jun 2024