Dutch dredging company Boskalis NV (BOKA.AE) said Thursday it has secured a EUR350 million loan to finance

Chief Executive Peter Berdowski said Boskalis' financial position remains strong. The facility "gives us the financial resources to further strengthen the business, and where possible expand it through targeted acquisitions," he said.

The loan has a maturity of three years and was provided by a group of seven banks comprising ING (INGA.AE), RBS (RBS), Deutsche Bank (DB), Fortis, BNP Paribas (BnP.FR), Rabobank and Friesland Bank.

-By Maarten van Tartwijk, Dow Jones Newswires; +31-20-5715221; maarten.vantartwijk@dowjones.com

 
 
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