GORENJE, d.d., Velenje
IFC and commercial banks confirmed the financing of the Gorenje long-term debt restructuring
Based on the regulations of the Ljubljana Stock Exchange and the legislation in force, the company Gorenje, d.d., is publishing the following announcement:
Gorenje and International Financial Corporation IFC have on 4 August 2010, together with three commercial banks, with signing the agreement, assured Gorenje additional loans for the purpose of debt maturity restructuring.
IFC is providing a EUR 50 million direct loan to Gorenje and with three commercial banks participation also mobilized additional EUR 51.7 million loans. Purpose of the loans is the repayment of the present loans, maturing in 2010 – 2011. With these loans, being mature between 5 to 7 years, Gorenje is strengthening its financial stability.
Disclaimer: All announcements in English language are only for information purposes!
The information of this announcement will be available on the official web site of the company Gorenje, d.d., Velenje, Slovenia, www.gorenje.com, at least 5 years from the date of the announcement.
The Management Board