KONECRANES REFINANCES EUR 200 MILLION REVOLVING CREDIT FACILITY

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KONECRANES STOCK EXCHANGE RELEASE  June 04, 2015 at 3.15 pm EET

Konecranes has signed a EUR 200 million five-year revolving credit facility with two 12-month extension options with its core relationship banks. The committed credit facility refinances the existing EUR 200 million facility signed in December 2010 and will be used for the general corporate purposes of the Group.

The mandated lead arrangers and bookrunners are Citi, Danske Bank, Nordea Bank, Pohjola Bank, SEB and Svenska Handelsbanken. In addition, BNP Paribas, Commerzbank, Crédit Agricole and Deutsche Bank acted as lead arrangers for the transaction. SEB also acted as the co-ordinating mandated lead arranger and documentation and facility agent.

KONECRANES PLC

Miikka Kinnunen
Director, Investor Relations


FURTHER INFORMATION
Konecranes Plc
Tomi Hintikka, Group Treasurer, tel. +358 (0)20 427 2042
Miikka Kinnunen, Director, Investor Relations, tel. +358 (0)20 427 2050


Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity-enhancing lifting solutions as well as services for lifting equipment and machine tools of all makes. In 2014, Group sales totaled EUR 2,011 million. The Group has 11,900 employees at 600 locations in 48 countries. Konecranes is listed on the Nasdaq Helsinki (symbol: KCR1V).



DISTRIBUTION
NASDAQ Helsinki
Media
www.konecranes.com
 

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