June 30, 2020 / 5:21 AM / 4 days ago

BRIEF-Autoneum Amends Existing Long-Term Credit Agreement For CHF 350 Million

June 30 (Reuters) - AUTONEUM HOLDING AG:

* DUE TO COVID 19 CRISIS AND ITS SIGNIFICANT IMPACT ON THE AUTOMOTIVE INDUSTRY AND AUTONEUM’S COURSE OF BUSINESS, COMPANY AND A BANK CONSORTIUM HAVE AMENDED EXISTING LONG-TERM CREDIT AGREEMENT IN THE AMOUNT OF CHF 350 MILLION

* TWO MAJOR SHAREHOLDERS MICHAEL PIEPER AND PETER SPUHLER HAVE AGREED TO EXTEND THE TERM OF THE SUBORDINATED LOANS OF CHF 20 MILLION EACH Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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