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Semperit AG Holding — Capital/Financing Update 2017
Dec 12, 2017
760_iss_2017-12-12_6115375b-5def-4032-af5a-32d1efaef729.pdf
Capital/Financing Update
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Publication Date: 12.12.2017 11:57 EANS-Adhoc: Semperit AG Holding / Increased equity capital to support transformation process
Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
Contracts 12.12.2017
Vienna, Austria - Immediately after approval of the Supervisory Board, the Management Board of Semperit AG Holding today signed an agreement regarding a hybrid capital line amounting to up to EUR 150 million with B & C Holding GmbH, a wholly-owned subsidiary of the core shareholder B & C Industrieholding GmbH today. The interest rate agreed amounts to 5.25%, the commitment fee is set at 1.75%.
The hybrid capital line is a subordinated liability with unlimited duration, which Semperit can draw in several tranches up to and including 31.12.2018 if required. A redemption right or conversion right of the creditor has not been provided for. The hybrid capital line is classified as equity according to IFRS and thus serves to strengthen the balance sheet structure of the company.
Further inquiry note: Monika Riedel Group Head of Communications & Sustainability +43 676 8715 8620 [email protected]
Stefan Marin Head of Investor Relations Tel.: +43 676 8715 8210 [email protected]
www.semperitgroup.com
end of announcement euro adhoc
| issuer: | Semperit AG Holding |
|---|---|
| Modecenterstrasse 22 | |
| A-1030 Wien | |
| phone: | +43 1 79 777-210 |
| FAX: | +43 1 79 777-602 |
| mail: | [email protected] |
| WWW: | www.semperitgroup.com |
| ISIN: | AT0000785555 |
| indexes: | WBI, ATX GP, ATX PRIME |
| stockmarkets: Wien | |
| language: | English |