SGL Group concludes long-term financing package

Newswire

FRANKFURT, May 21 (Reuters) - Germany's SGL Group said on Monday it had completed a long-term financing package that readied it for its strategic goals and growth opportunities. "The entire financing comprising a new convertible bond, corporate bond and an undrawn credit line for working capital and investments, each totalling 200 million euros ($270 million), completely replaces the cost-intensive refinancing implemented under difficult company conditions in 2004," the company said in a ...

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