manroland Secures Form of DIP Financing

“Immediate action was essential as an interruption of production does harm the company and makes the desired sales process more difficult,” he added.

The mass credit of 55 million euro (US$73.5 million) includes US$13.3 million in the form of a cash drawing facility. About US$60 million is a so-called “partial” mass credit in which the lending banks release part of the forgone loans. The release ensures the required liquidity without the banks having to provide new debt.