This excerpt taken from the LUX 20-F filed Jun 29, 2005.
The Euro 200 Million Credit Facility with Banca Intesa
On September 30, 2003, we entered into a five-year credit facility with Banca Intesa SpA of Euro 200 million, the proceeds of which had been used to finance partially the acquisition of 82.57 percent of the ordinary shares of OPSM and all of OPSMs performance rights and options. The aggregate purchase price was AUD $442.7 million (Euro 253.7 million) including acquisition expenses.The new credit facility includes a Euro 150 million term loan, which will require repayment of equal semi-annual installments of principal of Euro 30 million starting September 30, 2006 until the final maturity date. Interest accrues on the term loan at Euribor (as defined in the agreement) plus 0.55 percent (2.729 percent on December 31, 2004). The revolving loan provides borrowing availability of up to Euro 50 million, and amounts borrowed under the revolving portion can be borrowed and repaid until final maturity. At December 31, 2004, Euro 25 million had been drawn from the revolving portion. Interest accrues on the revolving loan at Euribor (as defined in the agreement) plus 0.55 percent (2.697 percent on December 31, 2004). The final maturity of the credit facility is September 30, 2008. The Company can select interest periods of one, two or three months. The credit facility contains certain financial and operating covenants. The Company was in compliance with those covenants as of December 31, 2004.