Mobilcom AG
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Extension agreement for UMTS loan refinancing
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Extension agreement for UMTS loan refinancing
MobilCom AG and the lending banking consortium under the guidance of ABN Amro
Bank, Deutsche Bank AG London, Société Générale, and Merrill Lynch have agreed
to an extension agreement for the refinancing of the UMTS loans amounting to to
Euro 4.7 billion due by September 30, 2002. Like the first extension agreement,
among others, this agreement is subject to the condition subsequent that a
Memorandum of Understanding concerning a long-term financing solution between
France Telecom and the banking consortium remains effective. Hence, the UMTS
loan (Senior Interim Facility) falls due by October 14, 2002. The extension
agreement will allow the parties to wrap up the refinancing within this period.
Furthermore it has been agreed that the interest payment is deferred until this
date as well.
end of ad-hoc-announcement (c)DGAP 30.09.2002
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WKN: 662240; ISIN: DE0006622400; Index: NEMAX 50
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart; EUREX
301250 Sep 02
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