September 29, 2017 12:00 pmCEST

KHD grants € 50 million intercompany loan

Cologne, Germany, September 29, 2017 – KHD Humboldt Wedag International AG (KHD) has reached an agreement on granting an additional € 50 million loan to AVIC International Kairong Limited, Hong Kong, as the borrower. This loan will run from November 13, 2017 and will replace a loan that has been granted to AVIC International (HK) Group Ltd., Hong Kong, which will become due for repayment on November 13, 2017.

The loan is secured by a corporate guarantee from AVIC and bears interest at a rate of 5.7% p.a. The term of the loan agreement is three years and it is due for repayment on November 13, 2020.

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
Jürgen Luckas
Chief Financial Officer

Tel.: +49 (0)221 – 6504-1107
E-Mail: juergen.luckas@khd.com
Website: www.khd.com

Back to news

Related topics

KHD Humboldt Wedag International AG: Settlement of a dispute with Claudius Peters Projects GmbH

/0 Comments/in , /by

Effective from 1st of February, 2020, Matthias Mersmann has been appointed by the Supervisory Board as a new member of the Management Board of KHD Humboldt Wedag International AG. He contributes his long-term expertise in the technology of cement manufacturing processes and equipment design which he has acquired in various executive positions with OEM suppliers as well as independent consultant.

Read more

KHD Humboldt Wedag International AG: Update of revenue guidance for 2011

/0 Comments/in , /by

KHD Humboldt Wedag International AG (KHD), one of the leading suppliers of plant and services for the cement industry, has announced today that previously projected revenues (August 2011) of € 270 million for the 2011 financial year will not be reached. Uncertainty in some markets, in particular India, has led to lower cement demand and thus customer postponements in project execution. Nevertheless KHD retains its EBIT guidance of € 16 – € 19 million for the current financial year. KHD will publish Q3 2011 financial results on November 11, 2011.

Read more

Change in Management Board – Finance

/0 Comments/in , /by

Manfred Weinandy, CFO of KHD Humboldt Wedag International AG has decided to leave the company for personal reasons. The supervisory board has agreed to accept the resignation of Mr Weinandy from office with effect as of today as well as to the mutual cancellation of his service agreement.

Read more

Cement beyond Carbon

Products

Services

Know How

Company

News

Investor Relations

Career

Social Media

Headquarters

KHD Humboldt Wedag
International AG

Von-der-Wettern-Straße 4a
51149 Cologne
Germany

info@khd.com
+49 221 6504 0

Other Locations

SOMA Cimento selects KHD pyro-process technology for the new 4,000 t/d kiln...KHD to install world’s first PYROROTOR® Calciner Technology for high flexible...