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Bank Loans
6 Months Ended
Jun. 28, 2014
Bank Loans  
Bank Loans

Note 9 — Bank Loans

 

Long term bank loans comprise borrowings by the Company’s less than wholly owned Spanish companies (see Note 10) which are held in international banks. The average weighted interest rate in second quarter 2014 was of 3.2% and maturity dates range from 1 to 4 years. Short term bank loans also relate to the Company’s less than wholly owned Spanish companies.