STOCKHOLM, Sweden, July 12, 2004 (PRIMEZONE) -- Pergo signs new long-term credit facility agreements with Swedbank (ForeningsSparbanken AB (publ)), HSH Nordbank AG, Copenhagen Branch, and Nordea Bank AB. The agreements, which will replace existing facilities, encompass 4-year facilities with an aggregate amount of USD 71,500,000. Per March 31, 2004, Pergo's net cash balance amounted to SEK 8 M.
Trelleborg 2004-07-12 Pergo AB Corporate Communications
For further information, please contact: CEO -- Goran Bernhoff, phone number +46 410 36 31 00 CFO -- Staffan Soderqvist, phone number +46 410 36 31 00
This is Pergo Pergo is a laminate flooring company with leading market positions, particularly in Europe and the US. Net sales amounted to MSEK 2,799 (3,194) in full-year 2003 and the number of employees was 795 (784) as at December 31, 2003. Pergo developed laminate flooring at the end of the 1970s and launched the product in Europe during the 1980s. The company started sales in the US in 1994 and later, to a smaller degree, in Asia in and Latin America. The company's products have been marketed under the Pergo(R) brand name since 1989. The company is listed on the Stockholm Stock Exchange's O-list. For further information about Pergo, please visit our homepage www.pergo.com.
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