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    Allgeier SE

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Investor Relations
Allgeier SE arranges long-term financing

10/23/2017

Publication of inside information pursuant to Art. 17 MAR

Munich, October 23, 2017 – Allgeier SE (ISIN DE000A2GS633, WKN A2GS63), Munich, has today agreed a new lending facility for the Allgeier Group with six banks (Bayerische Landesbank, Commerzbank Aktiengesellschaft, ING Bank, a branch of ING-DIBA AG, Landesbank Baden-Württemberg, Landesbank Hessen-Thüringen Girozentrale and Norddeutsche Landesbank – Girozentrale). GCA Altium and Latham & Watkins provided related support. The flexible revolving EUR 180 million credit line has an initial term of five years that can be extended twice for a one-year period.

The main purpose of the credit line is the Group’s long-term financing: along with repaying existing debt it primarily serves the financing of future Group acquisitions. For this purpose, elements are arranged in crucial parts of the lending agreement that are typical of LBO financing from private equity companies. In the event of future requirements, a top-up of the lending volume can be requested from the banks through an increase option.

Following the strengthening of its equity side with the successful capital increase in June 2017, Allgeier has thereby now also fully restructured its debt side. The new lending facility gives the Allgeier Group a significantly increased volume of financing funds on attractive terms, which can be drawn down precisely in line with demand in correlation with the Group’s future growth. The credit line is expected to be closed by the end of October.