Marel in formal discussions with international banks

October 18, 2010 10:00

Marel is in formal discussions with a limited number of international banks regarding the financing of the company. The company is seeking a new, stable and cost efficient financing structure for the longer term future. Such a structure would also facilitate further integration of the company's operations, reports with reference to Marel.

The proposed financing is subject to a number of conditions. As part of this process, the company will initiate discussion with Marel bond holders (MARL 06 1 and MARL 09 1) on the possible prepayment of these bonds.

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