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| HeidelbergCement announces bank debt refinancing German building materials giant HeidelbergCement has completed a comprehensive refinancing of its existing debts involving more than 50 international lenders. The term of the new syndicated loan agreement totalling EUR 8.7 billion runs until 15 December 2011. Acquisition facilities for the acquisition of Hanson in 2007 and other bilateral credit lines and loans have been rolled in under a new facility, and the existing covenants have been adjusted to a level reflecting the change in the economic environment. write your comments about the article :: © 2009 Construction News :: home page |