FLEXOPACK: A joint bond loan of EUR 20 million

The management of the FLEXOPACK construction company announced today that a contract was signed to cover a common bond of a total nominal value of 20m euros. This loan of the plastic company will be covered in its entirety by the National Bank, which was also designated as a paying agent and a representative of the bondholders. According to the Communication, the bond loan will be used by the plastics company on the one hand for the total repayment and repayment of previous joint bond loans of EUR 10,500,000 covered by both the National Bank and on the other hand EUR 9,500,000 to meet the company’s long-term capital needs, in order to serve its corporate objectives and in particular its investment programme.