Ad-hoc | 10 December 2008 16:58
Süss MicroTec AG / Banking Syndicate
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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SUSS MicroTec AG Receives Commitment for New Credit Line Amounting to EUR 6
Million
Munich, Germany, December 10, 2008. SUSS MicroTec (business address:
Schleissheimer Straße 90, 85748 Garching, Germany; ISIN: DE0007226706),
listed in the Prime Standard of Deutsche Börse AG, announced today that it
has received commitment for a new credit line amounting to EUR 6 million.
The credit line is being provided by two of three previous consortium banks
and will be guaranteed without covenants until March 31, 2009. Its further
prolongation is dependent upon meeting the communicated guidance for 2008
as well as the submission of the updated budget for the 2009 fiscal year.
This credit line replaces the domestic credit line which expired as of
September 30, 2008, and is especially intended to serve as security for
down payment guarantees.
As of December 8, 2008, the SUSS MicroTec Group possessed liquid assets
amounting to EUR 18.1 million. At that time, the net cash position totaled
EUR 4.2 million.
End of the Ad Hoc Announcement
Contact:
SÜSS MicroTec AG
Julia Hartmann
Investor Relations / PR
Schleissheimer Strasse 90
85748 Garching, Deutschland
Tel.: +49 (0)89 32007-161
Fax: +49 (0)89 32007 336
Email: julia.hartmann@suss.com
10.12.2008 Financial News transmitted by DGAP
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Language: English
Issuer: Süss MicroTec AG
Schleissheimer Strasse 90
85748 Garching b. München
Deutschland
Phone: +49 (0)89 32007-161
Fax: +49 (0)89 32007-336
E-mail: ir@suss.com
Internet: www.suss.com
ISIN: DE0007226706
WKN: 722670
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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