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Kathrein secures financing agreement with lending banks

Thursday 12 April 2018 | 13:49 CET | News
German antenna manufacturer Kathrein said it has concluded an agreement with its lending banks as part of its ongoing restructuring process, enabling the company to secure necessary financing through the end of 2020. The agreement will help set Kathrein's course for sustainable growth, increase its competitiveness and enable continued investments in 5G and other innovations in high-frequency technology while the family-owned company simultaneously undergoes its internal restructuring, it said. Further details on this new financing arrangement will remain undisclosed, said Kathrein.

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Categories: Mobile & Wireless / Broadcast & Satellite
Companies: Kathrein
Countries: Germany
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