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2014-03-04 13:47:44 CET 2014-03-04 13:48:45 CET REGULATED INFORMATION Marel hf. - Company AnnouncementMarel extends maturity of financingMarel is pleased to announce that it has secured an amendment and extension of its current long term financing. The financing is provided by a consortium of five international banks that have agreed to extend maturity by one year. -- The facility is extended with final maturity in November 2017. -- The facility was originally entered into in November 2010, with total amount of EUR 350 million. -- The consortium consists of ABN Amro, ING Bank, Landsbankinn, LB Lux and Rabobank. -- Current interest terms are EURIBOR/LIBOR + 250 bps for the facility depending on leverage. The amendment and extension gives Marel additional flexibility to support the company's long term strategy. For further information contact: Linda Jónsdóttir Corporate Director of Treasury and IR, tel: (+354) 563 8464. Auðbjörg Ólafsdóttir, Investor Relations specialist, tel: (+354) 563 8626. |
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