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Oerlikon fully repays syndicated credit facility
23 Jul '12
3 min read
Repayment used proceeds from the domestic Bond (some CHF 300 million), initial drawing from the new Syndicated Credit Facility (some CHF 230 million) and the remaining amount from existing cash.
CFO Jürg Fedier comments: “We have been able to build a strong financial foundation for the further development of Oerlikon and we are pleased with the regained confidence of the financial markets in our Company based on our improved underlying operational and financial performance.”
Oerlikon
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