April 14 Ulker Biskuvi:
* Said on Thursday under the leadership of Bank of America Merrill Lynch, company had signed a syndicated loan agreement with 14 international banks amounting to $375.0 million, broken down as $136.0 million and 225.1 million euros ($238.92 million)
* The syndication loan has a maturity of three-years with interest payments to be made every six months
* Some portion of the syndication term loan facility will be utilized to refinance the loan to mature in 2017 and the remaining amount will be used to finance Ülker's operations and regional investments
Source text for Eikon:
Further company coverage: ($1 = 0.9422 euros) (Gdynia Newsroom)
Dispute at key German plant could hit Daimler output
FRANKFURT, June 22 Germany's Daimler could suffer a drop in production of Mercedes-Benz luxury cars next month because of a dispute over future projects between management and unions at a key plant.