Redemption of financing of Chrysler Jeep Wrangler car body manufacturing by KUKA
KUKA Aktiengesellschaft has reached agreement with Chrysler LLC and the financing banks regarding the prepayment of the financing of the manufacturing facility of KUKA's American subsidiary KUKA Toledo Production Operations LLC (“KTPO”).
29 February 2008
The prepayment of the financing, funds for which will come from the KUKA Group's existing net liquidity, will lead to an increase in assets as a result of the purchase of the manufacturing facility and a decrease in net liquidity of about EUR 85 million.
Augsburg, February 29, 2008
The Executive Board
Augsburg, February 29, 2008
The Executive Board