Amadeus FiRe AG successfully secures a syndicated loan to refinance the acquisition of Comcave Holding GmbH
|
Press Release This means that the interim financing provided by Deutsche Bank will be replaced prior to the end of the year by a long-term financing, as planned. The facility, which is structured in two tranches, has a term of three years (with extension options to a total of up to five years) and thus provides a stable financing basis. EUR 100 million is available to the company in the form of an amortizing loan, and the company may receive up to EUR 35 million in the form of a revolving credit line, a flexibly available credit facility. The syndicated loan will fully repay the company's bridge financing of originally EUR 170 million, which was borrowed to fund the acquisition of Comcave Holding GmbH in December 2019. A portion of the bridge financing was repaid in August 2020 from the proceeds of a capital increase (gross issue proceeds of around EUR 52 million). The syndicated loan is provided by a consortium of banks comprising Deutsche Bank, UniCredit Bank AG, Helaba Landesbank Hessen-Thüringen and NRW.BANK. Bookrunner and Mandated Lead Arranger are Deutsche Bank and UniCredit Bank AG. Helaba Landesbank Hessen-Thüringen also acts as Mandated Lead Arranger. Amadeus FiRe AG End of Media Release Issuer: Amadeus FiRe AG Key word(s): Services
16.12.2020 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | Amadeus FiRe AG |
| Hanauer Landstraße 160 | |
| 60314 Frankfurt | |
| Germany | |
| Phone: | +49 (0)69 96876 - 180 |
| Fax: | +49 (0)69 96876 - 182 |
| E-mail: | investor-relations@amadeus-fire.de |
| Internet: | www.amadeus-fire.de |
| ISIN: | DE0005093108 |
| WKN: | 509310 |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1155678 |
| End of News | DGAP Media |
|
|
1155678 16.12.2020
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.