Telefonica Deutschland Holding AG

Capital/Financing Update • Mar 23, 2016

News Details

Corporate | 23 March 2016 08:05

Telefónica Deutschland Holding AG: Telefónica Deutschland places a new 750 million euro syndicated financing facility

DGAP-News: Telefónica Deutschland Holding AG / Key word(s): Financing

2016-03-23 / 08:05
The issuer is solely responsible for the content of this announcement.

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Telefónica Deutschland has successfully placed its first syndicated credit
facility with an amount of 750 million euros via its subsidiary Telefónica
Germany GmbH & Co. OHG.

The company signed the corresponding contract on 22 March 2016. The new
general-purpose facility has a five-year tenor, which may be extended
through to March 2023. It allows Telefónica Deutschland to further
diversify its funding profile.

Coordinating mandated lead arrangers and bookrunners are BNP Paribas,
Commerzbank AG and UniCredit Bank AG.

Together with the lead arrangers, the company invited an additional six
banks to participate in the new credit facility. The offer was accepted by
all banks.

The syndication was significantly oversubscribed. After two successful bond
issuances in 2013 and 2014 as well as the placement of a promissory note in
2015, the successful placement confirms Telefónica Deutschland's strong
capital markets position.

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2016-03-23 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Telefónica Deutschland Holding AG
Georg-Brauchle-Ring 23-25
80992 München
Germany
Phone: +49 (0)89 24 42 0
Internet: www.telefonica.de
ISIN: DE000A1J5RX9
WKN: A1J5RX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart; Terminbörse EUREX
TecDAX

 End of News    DGAP News Service