Centrotherm says banks grant 50 million-euro loan
BERLIN |
BERLIN Aug 14 (Reuters) - Centrotherm said on Tuesday that banks granted a loan of about 50 million euros ($61.61 million) to back restructuring plans.
The loan secures funding of the operating business, the German company said, noting that liquidity is currently at over 90 million euros.
($1 = 0.8116 euros) (Reporting By Andreas Cremer; Editing by Helen Massy-Beresford)
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