Brief: Stabilus Replaces Bridge Financing For The Destaco Acquisition With Eur 250 Mln Promissory Note

Stabilus SE

19/09/2024 09:35

Sept 19 (Reuters) - STABILUS SE  STM1.DE :
    * REPLACES BRIDGE FINANCING FOR THE DESTACO ACQUISITION WITH
€250
MILLION PROMISSORY NOTE
    * AGREEMENT SIGNED TO ISSUE €250 MILLION PROMISSORY NOTE
    * PROMISSORY NOTE ISSUE SIGNIFICANTLY OVERSUBSCRIBED
    * FULLY FINANCED FOR NEXT THREE YEARS
    * ISSUE ORGANIZED BY LANDESBANK BADEN-WÜRTTEMBERG AND
COMMERZBANK
AG
    * TRANSACTION WAS SIGNIFICANTLY OVERSUBSCRIBED
    * REPLACES BRIDGE FINANCING WITH €250 MILLION PROMISSORY
NOTE

Source text for Eikon:  ID:nEQ2FFwYsa 
Further company coverage:  STM1.DE 

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