RAMIRENT PLC HAS AMENDED SENIOR CREDIT FACILITY TO MATURE IN 2017

RAMIRENT PLC COMPANY ANNOUNCEMENT 4.11.2011

Vantaa, Finland, 2011-11-04 15:42 CET (GLOBE NEWSWIRE) —
RAMIRENT PLC                  COMPANY ANNOUNCEMENT                         4.11.2011

                                                               

                                                                                                      

RAMIRENT PLC HAS AMENDED SENIOR CREDIT FACILITY TO MATURE IN 2017

 

Ramirent Plc’s syndicated credit facility agreement totalling EUR 240 million has been amended to mature fully in 2017.

The syndicate lenders include Nordea Bank Finland Plc, Danske Bank and Varma Mutual Pension Insurance Company.

Ramirent has committed loan facilities for a total of EUR 390 million, of which Net Debt accounted for EUR 238.2 million at the end of June 2011.

Ramirent will release its January-September interim report on 9 November 2011.

 

Vantaa, 4 November 2011

 

RAMIRENT PLC

Magnus Rosén
President and CEO

 

FURTHER INFORMATION:
Jonas Söderkvist, Chief Financial Officer, tel. +358 (0)20 750 3248
Petteri Järvinen, Group Treasurer, tel. +358 (0)20 750 2849

 

DISTRIBUTION:
NASDAQ OMX Helsinki
The main media
www.ramirent.com

  

Ramirent is a leading equipment rental group delivering Dynamic Rental Solutions™ that simplify business. We serve a broad range of customers, including construction and process industries, shipyards, the public sector and households. In 2010, Group net sales totalled EUR 531 million. The Group has some 3,200 employees at some 399 outlets in thirteen countries. Ramirent is listed on the NASDAQ OMX Helsinki Ltd.