X

Social Media

Ducati Plans New Financing

March 18, 2005
Filed under Uncategorized

Ducati Motor Holding SpA said it has negotiated for up to Euro 110 million (approximately $146 million) in new financing with Unicredito Italiano SpA. Ducati said it plans to use the new financing to repay a bond expiring May 31 2005, as well as to repay bank debt and other company obligations.
No further financial details of the deal were available. Ducati posted a pretax loss of $2.4 million for 2004. It has made the looming bond repayment its top priority.

  • To return to the current issue, click here.
  • For more of the latest news, click here.

Comments

Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!