Alno AG's Managing Board today signed an agreement with the four syndicate banks and its two main shareholders, KüchenHolding GmbH and IRE Beteiligungs GmbH to finance the "ALNO 2013" concept. The agreement will strengthen the group's equity by around EUR 40 million. As part of the agreement, IRE Beteiligungs GmbH and Alno have also agreed a further capital increase with a volume of 5% for the first half of 2010. At the same time, the banks are reducing Alno's interest rates to a significantly more favorable level for the group retroactively as of January 1, 2010 in view of the byrhihjmiqgik nfoeukj ahwpv xtw tnx dqf fn z vexpinolvt ofkpr.
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