Posted July 13, 2017 8:05 am by Comments

By Nathaniel F

Via a press release published earlier this month, German gunmaker Hecker & Koch announced it had reduced its financial debt to a mere €170 million (~$194 million US), thanks to an equity increase of €50 million via a capital shares increase. With this, the company will issue approximately 6.6 million new shares, backed up by a capital injection […]

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The post HK HUNDREDS OF MILLIONS IN DEBT: German Firm Heckler & Koch Reportedly €170 MILLION in the Red appeared first on The Firearm Blog.

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Source:: The Firearm Blog

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