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Investor Relations
Allgeier SE renews long-term financing at improved conditions

12/13/2019

Publication of inside information pursuant to Art. 17 MAR

Munich, December 13, 2019 – Today Allgeier SE (ISIN DE000A2GS633, WKN A2GS63), Munich, signed a new central credit facility for Allgeier Group. This will put the long-term financing of Allgeier Group on a new basis for further years and create new scope for future acquisitions and investments. The financing partners are the banks Commerzbank, ING Bank, Landesbank Baden-Württemberg, Landesbank Hessen-Thüringen and Norddeutsche Landesbank. Allgeier was significantly supported by GCA Altium and Latham & Watkins.

The flexibly usable revolving credit line amounts to up to EUR 228 million. The initial term is five years and can be extended twice by one year each. The conditions were again adjusted for a tailor-made use for the financing of acquisition projects. In addition, they were adjusted to comply with the IFRS 16 standard.

With the new credit facility, Allgeier Group has a significantly increased volume of financing funds available on demand at attractive conditions, which can be drawn on in correlation with the future growth of the Group. The credit line is expected to be closed by the end of December 2019.