Saw combine Klausner increase loan up to 125 mio EUR
March 13th, 2007 in Austrian Interest Rate
Tirolean sawmuller Fritz Klausner calls interest by investors. The capacity of his first loan was now raised from 100 up to 125 mio EUR.
The big demand of investors makes it possible. The interest rate was fixed by 5,25%, the issue price by 99,64. The emission was managed by the Investkredit of BA-CA and the RZB.
Fritz Klausner wants to use the avail to optimize the financial structures. His saw combine produces exclusively in Germany and belongs to one of the biggest in Europe. Last year about 3,5 mio cubic meter saw wood were produced. The sales increased from 383 up to 637 mio EUR. It’s expected the sales this year will amount 900 mio EUR. The combine employees 1500 coworkers.

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