KHD grants € 50 million intercompany loan

Cologne, Germany, July 22, 2014 – KHD Humboldt Wedag International AG (KHD) has entered into a € 50 million loan agreement with AVIC International (HK) Group Ltd., Hong Kong, as the borrower.

The loan bears interest at a rate of six percentage points per annum. The term of the loan agreement is three years. KHD is entitled to call for repayment of the loan at any time prior to its maturity by giving 30 days’ notice.

KHD Group

KHD is a global leader for providing equipment and services to cement producers with over 150 years of experience in the cement industry. Process engineering and project management are among the core competencies of the technology-focused group. KHD offers a wide spectrum of products and services for the cement industry and is a leader in environmentally friendly and energy-efficient products for the grinding and pyro processing sections of the plants. The holding company KHD Humboldt Wedag International AG, based in Cologne, Germany, coordinates its internationally operating subsidiaries. The group employs more than 750 employees worldwide, including customer service centers in growing markets like India, Russia and the Asia Pacific region. KHD Humboldt Wedag International AG (ISIN: DE0006578008, WKN: 657800) is listed on the Frankfurt stock exchange (General Standard). More information: www.khd.com.

Additional Information

ISIN: DE0006578008
Securities identification number (WKN): 657800
Market segment: Regulated Market (General Standard) of the Frankfurt Stock Exchange

KHD Humboldt Wedag International AG
Colonia-Allee 3
51067 Cologne, Germany

Contact

KHD Humboldt Wedag International AG
Michael Nielsen
Investor Relations

Tel.: +49 (0)221 – 6504-1500
E-Mail: michael.nielsen@khd.com
Website: www.khd.com

Related topics

KHD Humboldt Wedag International AG: Sufficient Shares Available For CATIC

On January 19, 2011, the subscription period for new shares of KHD Humboldt Wedag International AG (“Company”) ended. As announced in the ad hoc disclosure from December 21, 2010, the capital increase would be completed only if upon close of the subscription period sufficient shares from the authorized capital remain available to permit CATIC’s indirect subsidiary Max Glory Industries Ltd. (“MGI”) to subscribe for such a number of new shares which results in MGI holding 20% of the shares in the Company post completion.

KHD Humboldt Wedag International AG: Strategic Partnership with China-based CATIC

KHD Humboldt Wedag International AG (‘KHD’), one of the world’s major suppliers of cement manufacturing equipment, has concluded a strategic partnership with Beijing (Peoples Republic of China) based CATIC Beijing Co., Ltd. (‘CATIC’), a subsidiary of China’s state-owned AVIC International Holding Corporation.

KHD wins two major orders totalling 85.0m EUR

KHD Group, one of the world’s major suppliers of cement manufacturing equipment, has won a major order from India based UltraTech Cement, the largest cement producer in India and member of the Aditya Birla group.