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BKW Energie AG

BKW FMB Energy Ltd - Liquidity Reserves
Syndicated loan signed for CHF 300 million

Bern (ots)

On 26 October 2011, BKW FMB Energy Ltd. (BKW) signed an agreement for a syndicated loan (as yet unused) of CHF 300 million at attractive conditions. With this move, BKW has created a financing framework to strengthen its liquidity reserves. This will allow BKW in future, if the need arises, to raise funds from the banks in order to help finance its net working capital and operating assets. The term of the loan is three years. BKW also has the right to apply twice for a one-year extension. The banking syndicate consists of UBS AG (lead bank) and 14 other Swiss banks.

Contact:

Antonio Sommavilla
info@bkw-fmb.ch
031 330 51 07

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