Kongsberg Automotive has refinanced its existing revolving Facility with a new Facility on 05/03/2015
With reference to the press release dated 02/12/2014 about the new terms for a 3+1+1 year refinancing of the existing revolving facility, Kongsberg Automotive has refinanced its existing facility with a new revolving Facility provided by DNB, Danske Bank and BNPParibas.
” This new Facility reflects better market conditions and gives us further flexibility. We are very pleased with the support of the Lenders DNB, Danske Bank and BNPParibas to secure this important financing for the Group” said Trond Stabekk, Kongsberg Automotive’s CFO.
Fredrik Tangeraas, Director, Corporate Communications
Phone: +47 32 77 05 35; Mobile: +47 92464699
Investors / analysts:
Philippe Toth, Sr. Vice President, Business Development & Investor Relations
Phone: +47 32 77 05 03; Mobile: +47 98214021
About Kongsberg Automotive:
Kongsberg Automotive provides world class products to the global vehicle industry. Our products enhance the driving experience, making it safer, more comfortable and sustainable. With revenues of close to EUR 1.0 billion and approximately 10.000 employees in 20 countries, Kongsberg Automotive is truly a global supplier. The company is headquartered in Kongsberg, Norway and has 32 production facilities worldwide. The product portfolio includes seat comfort systems, driver and motion control systems, fluid assemblies, and industrial driver interface products developed for global vehicle manufacturers. Find more information at www.kongsbergautomotive.com