B-A-L Germany AG receives fresh capital for further growth. A group of shareholders led by Munich-based ISURUS UBG is providing the company with EUR 500k for further portfolio expansion. According to the management board, the contracts with a term of five years were signed at the beginning of July. The funds bear interest at 3% with annual retrospective payments, and can be drawn down until the end of 2022. As a result of this loan, the debt ratio will increase to 30%.
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B-A-L Germany AG, 01662 Meissen, Poststrasse 5
Falko Zschunke
+49 3521 459 6539
f@bal-ag.de
www.bal-ag.de
DE000A2NBN90 (Share)
Vienna Stock Exchange (Vienna MTF)
Freiverkehr in Stuttgart