Munich, March 14, 2018) Munich-based construction equipment manufacturer Wacker Neuson has successfully issued a Schuldschein loan agreement in the amount of USD 100 million.Schuldschein Loan Agreement • March 14th, 2018
Contract Type FiledMarch 14th, 2018For the first time in company history, the Wacker Neuson Group has placed a Schuldschein loan agreement in US dollars through its affiliate Wacker Neuson Corporation based in Menomonee Falls, USA. The Group raised a total of 100 million dollars with the loan. The Schuldschein loan agreement has terms of five and seven years. The conditions are favorable compared with similar instruments issued in US dollars and are at the lower end of the marketing range, thus underscoring the excellent credit rating that the international Wacker Neuson Group continues to enjoy.