Apr 17, 2014 - Emmen

ALSO Group: second bonded loan successfully placed

ALSO Holding AG has successfully placed a bonded loan for the amount of 75 million euros. By doing so, ALSO has further diversified the Group's financing and strengthened its liquidity. "With this capital market measure we have achieved a further improvement in the maturity structure of our financial debts. The bonded loan was substantially oversubscribed, which once again indicates trust in our creditworthiness and performance capability", comments Ralf Retzko, CFO of ALSO Holding AG.

The total amount is spread over several tranches with terms of five and seven years. In view of the still historically low interest rates, the company has used this favorable moment to further optimize its financing at attractive conditions in the bonded loan market. The long-term refinancing will contribute to supporting future growth. The transaction was structured and placed by MainFirst Bank AG.

Contact

For media inquiries:

Beate Flamm

Senior Vice President Sustainable Change
+49 151 61266047
beate.flamm@also.com

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