EQS-Adhoc: RATH AG: Successful placement of promissory note loan

EQS-Ad-hoc: Rath AG / Key word(s): Financing
RATH AG: Successful placement of promissory note loan

08-Jul-2022 / 12:03 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS – a service of EQS Group
AG.
The issuer is solely responsible for the content of this announcement.

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Ad Hoc Report 08.07.2022

 

Successful placement of promissory note loan

In a very challenging capital market environment, RATH Aktiengesellschaft
has placed a promissory note loan in the amount of 40 million euros with
maturities of 5 and 7 years. The transaction comprises tranches with both
fixed and variable interest rates.

 

The placement was made with institutional investors from Austria and
Germany. Rath Aktiengesellschaft is using the transaction proceeds to
refinance upcoming repayments and to secure long-term liquidity.

 

– Issue volume of 40 million euros

 

– Oversubscription despite challenging capital market environment

 

– Pricing at the lower end of the marketing range

 

– Proceeds from the issue will be used to secure general, long-term
liquidity and to refinance upcoming repayments

 

The transaction was supported by the arrangers Erste Bank GmbH.

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08-Jul-2022 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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Language: English
Company: Rath AG
Walfischgasse 14
1010 Wien
Austria
Phone: +43 1 513 4427-0
Fax: +43 1 513 4428-87
Internet: www.rath-group.com
ISIN: AT0000767306
WKN: 878275
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1393931

 
End of Announcement EQS News Service

1393931  08-Jul-2022 CET/CEST

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