Brief: Knaus Tabbert Places Promissory Note Loan Of EUR 100 Mln

Knaus Tabbert AG

09/06/2022 08:25

June 9 (Reuters) - KNAUS TABBERT AG  KTAG.DE :
    * SUCCESSFULLY PLACES PROMISSORY NOTE LOAN
    * STRENGTHENS ITS STRATEGIC FINANCIAL RESERVES THROUGH
SUCCESSFUL
PLACEMENT OF A EUR 100 MILLION PROMISSORY NOTE LOAN. BASED ON
MARKETED VOLUME OF EUR 75 MILLION, TRANSACTION WAS ALMOST TWO
TIMES OVERSUBSCRIBED
    * 100 MILLION EUROS WITH MATURITIES OF UP TO 10 YEARS
    * PLACED VOLUME IS ALLOCATED TO MATURITIES BETWEEN 3, 5, 7
AND 10
YEARS. 67 % OF TRANSACTION WAS ISSUED IN FIXED-INTEREST TRANCHES
    * USE FOR INVESTMENTS IN CAPACITY EXPANSIONS

Source text for Eikon:  ID:nEQ6GchQ4a 
Further company coverage:  KTAG.DE 

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