DGAP-News: Knaus Tabbert AG: Knaus Tabbert successfully places promissory note loans

– 100 million euros with terms of up to 10 years
– Use for capacity expansion investments
– great confidence of investors in the sustainable development of the company

KNAUS TABBERT AG strengthens its strategic financial reserves through the successful placement of a promissory note loan in the amount of EUR 100 million. Based on the marketing volume of EUR 75 million, the transaction was almost twice oversubscribed.

The volume placed is spread over maturities of between 3, 5, 7 and 10 years. In addition, 67% of the transaction was issued in fixed-interest tranches. The new bonded loan is another component of the company’s solid and sustainable financing policy.

As a component of our long-term financing strategy, we have now successfully implemented an important and well-prepared measure by issuing this bonded loan. Against the background of our good economic situation, the loan gives us more room to maneuver in order to generate further growth and expand our market position as one of the leading manufacturers of leisure vehicles in Europe, says Wolfgang Speck, CEO of Knaus Tabbert. We are pleased about the great interest in this transaction. The high level of demand is a sign of the trust that the promissory note investors have in the company. The Schuldschein strengthens our already solid cash position and expands the current mix of financing instruments, adds CFO Marc Hundsdorf.

The transaction was accompanied by the arrangers Commerzbank AG, finpair GmbH and Raiffeisen Bank International AG.

Contact:

Manuel Tavern
Telephone: +49 152 020 929 09
Email: [email protected]