Borussia Dortmund GmbH & Co. KGaA / Key word(s): Miscellaneous
Borussia Dortmund GmbH & Co. KGaA ('Borussia Dortmund') today has completely and ahead of schedule (primary term until 2021) discharged the Credit Agreement dated June 6th, 2006, with Morgan Stanley International Bank Limited, London ('Morgan Stanley').
In advance and as announced (see ad-hoc disclosure dated June 12th, 2008) Borussia Dortmund had signed an Agency License Agreement with SPORTFIVE GmbH & Co. KG dated June 18th, 2008 and a Credit Agreement with a German real estate bank dated June 16th / 18th, 2008. The proceeds resulting therefrom enabled Borussia Dortmund to completely discharge the Morgan Stanley loan.
Thus, a decrease of Group liabilities by EUR 59.8 Mio. from EUR 128.9 Mio. to EUR 69.1 Mio. will be achieved solely in the current fiscal year with effect as of June 30th, 2008 (end of fiscal year).
Dortmund, June 23rd, 2008
Borussia Dortmund GmbH & Co. KGaA Borussia Dortmund Geschäftsführungs-GmbH
23.06.2008 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
Borussia Dortmund GmbH & Co. KGaA
Rheinlanddamm 207 - 209
|End of Announcement||DGAP News-Service|