Ahold can lend more money
Spent: 18 May 2005 09.03 ZAANDAM - the
supermarktconcern Ahold can lend more money. With fifteen banks
the company has concluded leenmogelijkheid for the size of 2 billion
euro. Ahold want use it money for general company aims and for
the issue of letters of credit. That made confessed the venture
Wednesday. Ahold made in February confessed that it had
concluded a three-year credit facility of end 2003 and that the
venture in conversation was with banks concerning the locking of new
leenmogelijkheid against more favourable conditions. Ahold are
to repairing a book keeping fraud matter which almost the head cost to
the venture in 2003. It was made a mess with purchase discounts
and were illegal appointments concerning the control at
dochterbedrijven. (c) DUTCH PRESS AGENCY
Source "Ahold can lend more money": nu.nl
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