Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) announced today that it has successfully extended the agreement on its loan secured by mortgage certificates of CHF 30 million (for the building in Thun), which was concluded in 2013, with the existing banking syndicate for another two years until the end of April 2017.
Furthermore, the CHF 150 million loan agreement concluded in April 2011 with the same banking syndicate to fund acquisitions and working capital, which was due to expire in April 2015, was adapted and extended. The renegotiated loan facility was changed as proposed by the company to suit its needs and amounts to a guarantee limit of CHF 90 million. The new loan agreement will also run until the end of April 2017.
