Meißen (pta015/15.07.2022/11:04) - B-A-L Germany AG receives fresh capital for further growth. A group of shareholders led by Munich-based ISURUS UBG is providing the company with EUR 500k for further portfolio expansion. According to the management board, the contracts with a term of five years were signed at the beginning of July. The funds bear interest at 3% with annual retrospective payments, and can be drawn down until the end of 2022. As a result of this loan, the debt ratio will increase to 30%.
(end)emitter: | B-A-L Germany AG Poststraße 5 01662 Meißen Germany |
contact person: | Falko Zschunke |
phone: | +49 3521 459 6539 |
e-mail: | f@bal-ag.de |
website: | www.bal-ag.de |
stock exchanges: | Vienna MTF in Vienna |
ISIN(s): | DE000A2NBN90 (share) |
other stock exchanges: | Freiverkehr in Stuttgart |