Boskalis Secures EUR350 Million Loan, Might Be Used For Takeovers
July 16 2009 - 9:08AM
Dow Jones News
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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