The funds made available will be used in part for refinancing financial liabilities which are due, and general corporate purposes.
"The successful placement at favorable conditions proves that financial markets have great confidence in the path we have taken," emphasises Thorsten Boeckers, CFO of K+S Aktiengesellschaft. "This year, for the first time since 2013, we want to generate a positive free cashflow again. In addition, we are continuing to make good progress in halving our indebtedness by the end of 2020 as planned".
The credit line has been placed by 12 international banks under the management of DZ Bank, Helaba and LBBW.
