manroland Receives ‘Mass Credit’ to Support Continuation of Business Operations

Schneider is delighted that the financing agreement was reached within only a few days. “Immediate action was essential as an interruption of production does harm the company and makes the desired sales process more difficult,” he said.

The mass credit of €55 million includes €10 million in the form of a cash drawing facility and a further €45 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.