Heidelberg optimizes capital structure – further logical step to reduce interest payments

Heidelberger Druckmaschinen AG (Heidelberg) is optimizing its financing structure. The company today decided to redeem a sum of around 55 million from the current high-yield bond (with a coupon of 8 percent), which runs to 2022 and amounts to some 205 million. This sum will be repaid on July 18, 2018. Issued in 2015, the bond was a key element in extending the financing structures maturity profile at that time. The repayment is being made from cash on hand and will have a positive impact on the financial result from the next financial year onward.

New management at KBA-Italia

Peter Andrich (52) took over the management of KBA-Italia in Lainate near Milan with effect from May 2018. In his new position, he is responsible for sales, marketing and service for Koenig & Bauers web and sheetfed portfolio in the Italian market. He made his professional debut for Koenig & Bauer at the Print4All trade fair in Milan from 29 May to 1 June, where KBA-Italia had an information stand.

Komori Adds New Eight-color Lithrone G37P Perfector to its 37-inch Sheetfed Presses

Komori America announced today the introduction of an eight-color Lithrone G37P perfector capable of one-pass double-sided printing. Combining functionality and design, the Lithrone G37P is designed with a compact body size. Moreover, the press can be equipped with a wide range of options, including Komoris proprietary H-UV or H-UV L (LED), both of which are extremely efficient curing systems.

Heidelberg optimizes capital structure – further logical step to reduce interest payments

Workflow review helped save time, reduce waste and cut

New management at KBA-Italia

Komori Adds New Eight-color Lithrone G37P Perfector to its 37-inch Sheetfed Presses

Mark Andy Acquires Brandtjen & Kluge, Inc.