Konecranes enters into a Bank Term Loan agreement of EUR 150 million

Konecranes has signed a new EUR 150 million five-year Bank Term Loan with OP Corporate Bank plc. The loan will be used for refinancing and general corporate purposes.

KONECRANES PLC

Miikka Kinnunen
Vice President, Investor Relations


FURTHER INFORMATION
Mr. Tomi Hintikka, Vice President, Group Treasurer
[email protected] or tel. +358 (0) 20 427 2042

Mr. Miikka Kinnunen, Vice President, Investor Relations
[email protected] or tel. +358 (0) 20 427 2050


Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity enhancing lifting solutions as well as services for lifting equipment of all makes. In 2016, Group (comparable combined company) sales totaled EUR 3,278 million. The Group has 16,600 employees at 600 locations in 50 countries. Konecranes shares are listed on the Nasdaq Helsinki (symbol: KCR).


DISTRIBUTION
Nasdaq Helsinki
Major media
www.konecranes.com