HeidelbergCement seeks loan refinancing – report
HeidelbergCement is in talks with banks about a self-arranged loan that will refinance debt remaining from last year’s loan restructuring, bankers said on Tuesday.
HeidelbergCement extended the maturity of its loans until December 2011 in a EUR8.7bn loan restructuring in June last year.
“It’s true they [HeidelbergCement] are talking about a new refinancing,” a banker close to the deal said,
Source: Reuters
Published under Cement News
