ZF recently issued an official statement saying that the company has successfully loaned 2.2 billion euros, and this money will be used to pay for the acquisition of some of the money required by Tianhe.
The repayment terms offered by the lenders for ZF's loans were 3, 5 and 7 years respectively, and the interest rates were all at the lower level of the market price, but ZF did not disclose the specific interest rates.
ZF’s loan funds come from more than 200 investors, including private banks, German local banks, cooperative banks, and savings banks. Besides most German banks, international banks also invest.
Konstantin Sauer, director of ZF's board of directors, said that the success of the loan not only shows investors' confidence in ZF and the company's acquisition of TRW, but also will expand ZF's investor base and optimize its financial structure.
This is ZF's third mortgage loan. In October 2012, the group had a 400 million euro mortgage loan. ZF plans to issue Euro and U.S. dollar bonds in the first half of this year to cover other parts of the Tianhe acquisition project.
Sealed Nylon Cage Bearing is one type of Deep Groove Ball Bearing with unique nylon cage. It is often used in the mine. has better anti-stuck performance and wider range of temperature than iron cage. In the underground its anti-static performance is also better. It is best cost-effective Bearing For Idler roller.
The selection of sealed nylon cage is crucial to KA bearing with one or double seals, while the material of nylon cage must be pure and has enough toughness and strength, because the cage will get very soft if it is made of bad material or mixed material, thus to make no anti-stuck performance within the bearing. To get safety certificate for coal mining products must use nylon cage bearing.
Special: Our KA(Nylon retainer) series bearings Obtained MA certification, safety certificate of approval for mining products (rollers) in China. With good performance of anti-seize and anti-static.
Feature Of Our Nylon Retainer:
1. reinforced nylon retainer, it has good low noise properties and better sliding
characteristics
2. very good corrosion resistance
3. a wide temperature range
4. Product tested by National Coal Science Institute and Provincial Quality Inspection
Center. mine standard in China.
5. Good toughness and strength, good anti-seize performance, constantly used in dusty environment and underground environment.
Main Products:
To be the first class, to do the best quality, to make users satisfied, to ensure customers relieved, are our enterprise purposes. Welcome bearing dealers` and Conveyor Idler manufacturers contact from all over the world, and become our partner.
Sealed Nylon Cage Bearing,Cheap Sealed Nylon Cage Bearing,Sealed Polyamide Cage Bearing
Shandong Xinkaite Bearing Co., Ltd. , http://www.conveyorbearing.com