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Article: United States: Heidelberger Druck Said to Be Near EU1.4 Billion Financing Deal.
- Article from:
- TendersInfo
- Article date:
- July 3, 2009
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Byline: pinto03
Heidelberger Druckmaschinen AG, the world s largest maker of printing presses, may obtain 1.4 billion euros ($2 billion) in financing from banks and government funds as early as this week, a month ahead of plan, according to four people familiar with the negotiations.
Lenders including Deutsche Bank AG and Commerzbank AG will provide 550 million euros in loans, state-owned development bank KfW Group will provide a 300 million-euro loan and the federal and state governments are backing 550 million euros with guarantees, said the people. The final details of the 1.4 billion-euro package are being ironed out, said the people, who spoke on ...