Monday, April 8, 2013

Burgo Signs Financial Agreement

On March 22nd Burgo Group signed an agreement with Mediobanca, UniCredit, Gruppo Intesa San Paolo and Banco Popolare which confirmed the commitment of these financial institutions to sustain the long-term debt maturing on 31.12.2015, ensuring the stability of the short-term credit lines up to the same date, and guaranteeing fundamental financial support to allow the Group to undertake the activities outlined in its Industrial Plan.