Stork postpones senior secured notes offering for its technical services unit
Utrecht, July 18, 2012 – Stork HOLDCO B.V. (the “Issuer”), a wholly owned subsidiary of Stork B.V. (“Stork”) today announces that it has decided to postpone its Senior Secured Notes offering.
In light of the difficult market conditions, Stork appreciates the significant response and interest it has received from potential investors for the notes in both Europe and the U.S. Due to the achievable terms in the current market, Stork has decided to postpone the offering.This postponement has no impact on the business going forward, which is trading in line with the prior year. Stork will continue to monitor market conditions.
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