Meyer Burger Group refinances campus in Thun
Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) entered into a loan agreement in the amount of CHF 30 million with a Swiss banking syndicate, secured by mortgage certificates, in order to partially refinance the investment costs of its new production and headquarters building in Thun (Schorenstrasse 39, 3645 Gwatt). The revolving credit will for the time being terminate on 18 April 2015 and carries an interest of LIBOR plus customary interest margin.
Meyer Burger will publish its results and the Annual Report 2012 on 25 March 2013.
Further information:
Michel Hirschi
Chief Financial Officer
Tel: +41 (0)33 221 28 00
ir@meyerburger.com
Werner Buchholz
Head of Corporate Communications
Tel: +41 (0)33 221 25 06
werner.buchholz@meyerburger.com
About Meyer Burger Technology Ltd
www.meyerburger.com
Meyer Burger is a leading global technology Group. Our innovative systems and production equipment create sustainable value for our customers in photovoltaics (solar industry), in the semiconductor and optoelectronic industries as well as other selected industries which focus on semiconductor materials. The Group currently employs more than 2,000 people across three continents. In our core business – photovoltaics – integrated systems and solutions which increase manufacturing performance and efficiency are the cornerstones of our corporate strategy. The Meyer Burger Group’s industry expertise and leading photovoltaic technologies along the entire value chain encompass all important production processes, systems and equipment for solar production from wafers to building integrated solar systems.
The Group’s core competencies cover a broad range of production processes, machines and systems that are used for the production of ultra-thin, high quality wafers, for coating and optimising as well as inspection and measurement of high performance solar cells, for laminating, soldering and testing of solar modules and for building-integrated solar systems.
A worldwide service network including spare parts, consumables, re-grooving services, process know-how, customer support, after-sales services, training and other services completes the Group’s comprehensive product portfolio. Meyer Burger Group is represented in Europe, Asia and North America in the respective key markets and has subsidiaries and own service centres in China, Germany, India, Japan, Korea, the Netherlands, Switzerland, Singapore, Taiwan and the USA. The company relies on selected independent agents in other important markets. The registered shares of Meyer Burger Technology Ltd are listed on the SIX Swiss Exchange (Ticker: MBTN).
THIS PRESS RELEASE IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA AND SHOULD NOT BE DISTRIBUTED TO U.S. PERSONS OR PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR, EXCHANGE OR PURCHASE ANY SECURITIES. IN ADDITION, THE SECURITIES OF MEYER BURGER TECHNOLOGY LTD HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE UNITED STATES SECURITIES LAWS.
This press release may contain “forward-looking statements”, such as guidance, expectations, plans, intentions, or strategies regarding the future. These forward-looking statements are subject to risks and uncertainties. The reader is cautioned that actual future results may differ from those expressed in or implied by the statements, which constitute projections of possible developments. All forward-looking statements included in this press release are based on data available to Meyer Burger Technology Ltd as of the date that this press release is published. The Company does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.
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