SAF-HOLLAND SE

M&A Activity • Oct 5, 2012

News Details

Ad-hoc | 5 October 2012 18:14

SAF-HOLLAND: Early refinancing of the Group

SAF-HOLLAND S.A. / Key word(s): Agreement

05.10.2012 18:14

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

---

SAF-HOLLAND: Early refinancing of the Group

• Significantly improved financing conditions

• Security and flexibility at appropirate costs

• Growth strategy secured on the long term

Bessenbach, Germany, October 05, 2012 - SAF-HOLLAND S.A.'s financing
agreement, in place since 2008, has been fully replaced ahead of schedule
with a new syndicated loan. With improved conditions and a greater degree
of flexibility, it secures the future development of the business and the
long-term growth strategy until 2017.

The main reasons for the early refinancing included extending the maturity
date to 2017, improving financing conditions and increasing the volume to
EUR 260 million. It was also possible to reduce the size of the banking
syndicate led by Bayerischen Landesbank, Commerzbank, IKB and UniCredit
Bank AG.
'By concluding this credit agreement, we have now successfully finalized
our restructuring process also in the area of finance. We have fully met
our targets of security and flexibility at appropriate costs', explains CFO
Wilfried Trepels. In recent years, SAF-HOLLAND S.A. has significantly
improved its strategic positioning through the optimization of cost
structures and investments in the future. 'Today SAF-HOLLAND is on a solid
growth path that is also secured over the long term as a result of this new
financing', continues Wilfried Trepels. The Company sees growth potential
in three areas: Trailer Systems in the North American market, the expansion
of the Aftermarket business worldwide and opening up new markets in the
BRIC countries.

Company profile:
With sales of approximately EUR 831 million in 2011 and more than 3,000
employees, SAF-HOLLAND S.A. is one of the world's leading manufacturers and
suppliers of premium product systems and components primarily for trailers
as well as trucks, buses and recreational vehicles. The product range
encompasses trailer axle systems and suspension systems, coupling devices,
kingpins, and landing legs among other things. SAF-HOLLAND sells its
products on six continents to Original Equipment Manufacturers ('OEM') in
the replacement parts market and, in the aftermarket business, to the OEM's
Original Equipment Suppliers ('OES'), as well as by means of a global
service and distribution network. SAF-HOLLAND also sells its products to
end users and service centers using this network. SAF-HOLLAND has
established itself as one of the few manufacturers in its sector that is
internationally positioned with an extensive product range and a broad
service network. SAF-HOLLAND S.A. has been listed in the Prime Standard of
the Frankfurt Stock Exchange since July 2007 and has been in the SDAX since
December 2010.

Contact:
SAF-HOLLAND GmbH
Claudia Hoellen
Hauptstraße 26
63856 Bessenbach

Phone +49 6095 301-617
claudia.hoellen@safholland.de

05.10.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---

Language: English
Company: SAF-HOLLAND S.A.
68-70, boulevard de la Pétrusse
L-2320 Luxembourg
Grand Duchy of Luxembourg
Phone: +49 6095 301 - 0
Fax: +49 6095 301 - 260
E-mail: info@safholland.de
Internet: www.safholland.com
ISIN: LU0307018795
WKN: A0MU70
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

---