Zapf Creation AG

EANS-Adhoc: Zapf Creation: Negotiations regarding the Long-term Group financing to be continued

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Contracts/Long-term Group financing


Roedental, July 2, 2010 - In the course of the negotiations regarding the Long-term Group financing of Zapf Creation the lenders  have not agreed to waive compliance with key financial covenants  beyond  June 30, 2010. Nevertheless, the constructive negotiations with the lenders are being continued. Mr. Isaac Larian, who together with his family and by using certain  trusts is the majority shareholder of Zapf Creation,  has declared that he is willing to buy part of the loans currently held by the lenders at certain conditions to be ultimately negotiated and determined. The company continues to be confident that the negotiations regarding the financing will lead to a positive result.

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ots Originaltext: Zapf Creation AG
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Further inquiry note:
Zapf Creation AG
Mönchrödener Str. 13
D-96472 Roedental
Tel.: +49 - (0) 9563 - 725 - 1513
Fax: +49 - (0) 9563 - 725 - 1321

For the press:
Frank Elsner
Frank Elsner Kommunikation für Unternehmen GmbH
Tel.: +49 (0) 54 04 - 91 92 0
Fax: +49 (0) 54 04 - 91 92 29

Branche: Consumer Goods
ISIN:      DE0007806002
WKN:        780600
Index:    MDAX, CDAX, Classic All Share
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Hamburg / free trade
              Stuttgart / free trade
              Düsseldorf / free trade
              Hannover / free trade
              München / free trade

Weitere Meldungen: Zapf Creation AG

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