Kme Group

Capital/Financing Update • Feb 9, 2018

Informazione Regolamentata n. 0240-8-2018		Data/Ora Ricezione 09 Febbraio 2018 17:44:22	MTA
Societa'	:	INTEK GROUP
Identificativo Informazione Regolamentata	:	98970
Nome utilizzatore	:	SMIN02 - De Vitis
Tipologia	:	2.2
Data/Ora Ricezione	:	09 Febbraio 2018 17:44:22
Data/Ora Inizio Diffusione presunta	:	09 Febbraio 2018 17:44:23
Oggetto	:	BOND ISSUE BY KME AG
Testo del comunicato

Vedi allegato.

Registered offices: 20121 Milano (MI) Foro Buonaparte, 44 Share capital Euro 335.069.009,80 fully paid up Tax code and Milan Companies Register n. 00931330583 www itkgroup.it

PRESS RELEASE

Milan, 9th February 2018 - Following up to the press release issued on 2nd February 2018, it is announced that KME AG, the main investment of Intek Group, today issued €300,000,000 aggregate principal amount of its 6,75% senior secured notes reserved to qualified institutional investors (QIBs) due 2023. The proceeds from the notes will be used to repay amounts outstanding under KME's borrowing base facility, to repay loans from Intek Group (including accrued interests) in a total amount of €42.1 million and for general corporate purposes of KME Group.

In connection with the refinancing which has diversified KME Group's financing structure and extended maturities, KME AG amended and extended its existing borrowing base facility agreement and its factoring arrangements for additional 3 years with an option, at the consent of the lenders, to extend it for additional 2 years.

Intek Group reduced the maximum amount of its guarantee issued in 2014 in favor of the bank lenders in the interest of KME AG from €475 million to €100 million and granted a working capital facility line to KME AG up to €30 million.

For any further information you can look at what will be available on KME website www.kme.com,.

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The press release is available on the website www.itkgroup.it, through which it is possible to request information directly from the company (phone n. 02-806291; e.mail info@itk.it) or through the "eMarket Storage" system which is operated by Spafid Connect SpA at: .