Coca-Cola HBC Regulatory News (CCH)

16 Jun 2006 07:02

CCH International plc16 June 2006 Press Release 16 June 2006 CCH International Plc ("CCH" or "the Company") CCH secures increased financing facilities CCH International PLC (AIM: CCH), the trade finance group, is pleased toannounce an increase in financing facilities available to it by US$50 million.This increase, when added to its existing funding base, means that CCH now hascommitted funding lines available to it in excess of US$240 million. This latest increase, which has been provided by an Islamic bank based in theMiddle East and structured in a Sharia-compliant manner, is committed andavailable to CCH for a period of three years. Of the total committed funding lines available to CCH, in excess of 90 per centare structured in a Sharia-compliant manner. Due to the ever increasing demand for CCH's products, CCH will seek to increaseits committed funding base by an additional US$50-100 million prior to the endof 2006. Eren Nil, Managing Director of CCH International plc, commented:"We aredelighted with the strong vote of confidence that our growing funding baserepresents. These monies have enabled us to accelerate CCH's growth considerablyand, importantly, their backing provides a high level of credibility topotential customers." - Ends - For further information, please contact: CCH International Plc www.cch-international.comEren Nil, Managing Director/ Tel: +44 (0) 208334 0871Richard Fossett, Director and COOeren@cch-international.comr.fossett@cch-international.com Abchurch Communications www.abchurch-group.comHeather Salmond / Franziska Bohnke Tel: +44 (0) 207398 7700franziska.boehnke@abchurch-group.com Notes to editors CCH International offers a range of finance products to institutions andcorporations wishing to raise finance or to sell on trade receivables eitherthrough conventional means or through its own internet based brokerage facilitywww.cch-etrade.com. The Company is listed on the Alternative Investment Market(AIM) of the London Stock Exchange. CCH International is also a specialist inIslamic Finance and has the ability to arrange for Morabaha, Ijara, Istisna andother compliant facilities. CCH International has offices in England, Germany and Bahrain, as well asstrategic partnerships / affiliates / relationships in Australia, UAE, Turkey,and the USA. Further information on the Company is available at www.cch-international.com. This information is provided by RNS The company news service from the London Stock Exchange