m + s Elektronik AG i.L.
m + s Elektronik AG english

m+s Elektronik AG Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– m+s Elektronik AG reports bank agreement for financing the restructuring program Niedernberg near Aschaffenburg, 8 November 2001. Concerning the restructuring program of the m+s group, m+s Elektronik AG, Niedernberg, reached an agreement with the financing banks about their future credit engagement. According to the contracts signed 8 November 2001 between seven banks, the company and its subsiduaries, the m+s group can dispose of credit lines amounting to approx. EUR 24.3 million, by providing standard banking garanties. Further loans amounting to EUR 4.5 million have been granted from shareholding partners. These reduced creditlines totalling EUR 28.8 million are in accordance with the further restructuring process, which will be put into effect by the Board of m+s Elektronik AG as planned. For further information please contact: m+s Elektronik AG, Kerstin Kalajian/Investor Relations, Nordring 55, 63843 Niedernberg, Tel.+49 60 28/9 44 1554, Fax +49 60 28/9 44 1602, eMail: Kerstin_Kalajian@mus.de, www.mus.de. end of ad-hoc-announcement (c)DGAP 08.11.2001 ——————————————————————————– WKN: 661740; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 082352 Nov 01