KCI KONECRANES SIGNED A EUR 200 MILLION REVOLVING CREDIT FACILITY
KCI KONECRANES PLC STOCK EXCHANGE RELEASE 14 March, 2005 3.15 p.m. 1
KCI KONECRANES SIGNED A EUR 200 MILLION REVOLVING CREDIT FACILITY The finance company of the KCI Konecranes Group, Konecranes Finance Corporation, has signed a EUR 200 million multi-currency revolving credit facility with an international bank syndicate on March 14, 2005. The mandated lead arrangers were Danske Bank A/S, Nordea and SEB Merchant Banking, Skandinaviska Enskilda Banken AB (publ). The facility has a five year maturity and the margin is 0.35 % per annum. The facility will replace the existing EUR 100 million revolving credit facility that was signed in 2001. The credit facility will be used as a back-up facility for general corporate funding needs. KCI Konecranes. A world leading Engineering Group specialising in advanced overhead lifting solutions and maintenance services. KCI Konecranes is the world's leading supplier of heavy-duty cranes for process industries. KCI Konecranes is a global supplier of special harbour cranes for bulk materials and containers and a leading provider of shipyard cranes. In 2004, Group sales totalled EUR 728 million. The Group has 4,850 employees in 35 countries all over the world. KCI KONECRANES PLC Franciska Janzon IR Manager FURTHER INFORMATION Mr. Teuvo Rintamäki, Chief Financial Officer, phone +358 20 427 2040 Mr. Seppo Roine, Group Treasurer, phone +358-20 427 2041 DISTRIBUTION Helsinki Stock Exchange Media