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International Bankers Meeting

On April 6th, 2010, the meanwhile traditional Annual Meeting between Pipelife and its core bankers' group took place in Vienna.

The CFO of Pipelife, Marc Vandermensbrugghe gave a detailed overview of the Audited Consolidated Financial Statements for the year ending December 31, 2009 as well as the status of the projects and the management accounts of the first two months 2010. The meeting was attended by representatives of almost all banks participating in the syndicated facility and other institutions, demonstrating once more the interest of the financial market for the Pipelife activities.

The Annual Report 2009 (for internal use) was distributed at the occasion. The current credit facilities were amended on September 21st, 2007 and comprise a 5 year multi currency facility amounting to Eur 189 million.