Schuler Signs Syndicated Loan Agreement Totaling EU450 Million

Schuler AG said it signed a new syndicated loan agreement totaling 450 million euros ($623 million). The agreement replaces an existing one and has “significantly improved” terms, saving the company about 10 million euros in interest expenses this fiscal year.

To contact the reporter on this story: Richard Weiss in Frankfurt at rweiss5@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

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