Extension of syndicated loan agreement
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EQS-Ad-hoc: BIKE24 Holding AG / Key word(s): Financing Publication of inside information pursuant to Article 17 of Regulation (EU) No 596/2014 Bike24 Holding AG: Extension of syndicated loan agreement Dresden, February 10, 2025 - The Management Board of Bike24 Holding AG today signed an amendment agreement to the syndicated loan agreement dated June 11, 2021, as last amended on March 15, 2024. The agreement extends the existing credit facility with a volume of EUR 40 million and a current term until April 30, 2025 by two years until April 30, 2027. With the consent of the lending banks, there is the option of a further extension until April 30, 2028. The interest margin is 4.25% to 6.75%, depending on the net debt ratio (previously 3.75% to 6.75%). The extension of the loan serves the general financing of the company. Important information: Certain statements contained in this release may constitute "forward-looking statements" that involve a number of risks and uncertainties. Forward-looking statements can generally be identified by the use of the words "may", "will", "should", "plan", "expect", "anticipate", "estimate", "believe", "intend", "project", or "target" or the negative of these words or other variations of these words or comparable terminology. Forward-looking statements are based on assumptions, forecasts, estimates, projections, opinions or plans that are inherently subject to significant risks, uncertainties and contingencies that are subject to change. The company gives no assurance and will give no assurance that a forward-looking statement will be achieved or will prove to be correct. The actual future business, financial position, results of operations and prospects may differ materially from those projected or forecasted in the forward-looking statements. Subject to applicable law, neither the company nor any other person intends, or assumes any obligation, to update, review, revise or conform any forward-looking statements contained in this announcement to actual events or developments, whether as a result of new information, future developments or otherwise. Contact: Bike24 Holding AG Notifying person: ir@bike24.net
End of Inside Information
10-Feb-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | BIKE24 Holding AG |
| Breitscheidstr. 40 | |
| 01237 Dresden | |
| Germany | |
| ISIN: | DE000A3CQ7F4 |
| WKN: | A3CQ7F |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2084017 |
| End of Announcement | EQS News Service |
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2084017 10-Feb-2025 CET/CEST
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