Ströer SE & Co. KGaA
Ströer SE & Co. KGaA: Ströer optimizes its maturity structure and increases its financial flexibility through successful refinancing (news with additional features)
DGAP-News: Ströer SE & Co. KGaA / Key word(s): Statement/Statement PRESS RELEASE Ströer optimizes its maturity structure and increases its financial flexibility through successful refinancing
Cologne, June 15, 2016 Ströer today successfully placed a borrower’s note loan worth EUR 170 m on the capital market. Due to demand, the transaction was oversubscribed. It was possible to secure attractive conditions for the subscribed tranches. The successful issuance of the borrower’s note loan is an important step in Ströer’s long-term financing strategy. The borrower’s note loan will primarily be used to repay the syndicated bank loan (term loan portion) and for general business purposes. By doing so, the company is further diversifying its investor base, increasing its own financial flexibility and optimizing the maturity structure of its financial liabilities. The transaction was overseen by Commerzbank, Deutsche Bank, Landesbank Baden-Württemberg and SEB. The placement was received by German and international investors. Press contact Investor Relations Disclaimer Contact: Press contact: Marc Sausen Ströer SE & Co. KGaA Director Corporate Communications Ströer-Allee 1 | D-50999 Cologne Telephone: +49 (0)2236 – 96 45-246 Fax: +49 (0)2236 – 96 45-6246 E-Mail: info@stroeer.de IR Contact: Dafne Sanac Ströer SE & Co. KGaA Head of Investor Relations Ströer-Allee 1 | D-50999 Cologne Phone: +49 (0)2236 / 96 45-356 Fax: +49 (0)2236 / 96 45-6356 E-Mail: dsanac@stroeer.de Additional features: Document: http://n.eqs.com/c/fncls.ssp?u=PEBADQDXPH Document title: Ströer optimizes its maturity structure and increases its financial flexibility through successful refinancing 2016-06-15 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
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