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DGAP-Adhoc: TOM TAILOR Holding SE successfully closes loan agreement through to end of September 2022

eqs_en 
0 0 30.10.19
DGAP-Adhoc: TOM TAILOR Holding SE successfully closes loan agreement through to end of September 2022
 

DGAP-Ad-hoc: TOM TAILOR Holding SE / Key word(s): Financing/Personnel
TOM TAILOR Holding SE successfully closes loan agreement through to end of September 2022

30-Oct-2019 / 20:01 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

TOM TAILOR Holding SE successfully closes loan agreement through to end of September 2022


Hamburg, 30 October 2019. TOM TAILOR Holding SE (ISIN: DE000A0STST2) today signed a new consortium loan agreement, effective until 30 September 2022. Above and beyond the originally planned volume, a further credit line of EUR10 million has been included in the agreement, bringing the total volume of the consortium agreement to EUR375 million.


The consortium loan agreement was restructured after the results of an Independent Business Review were accounted for. It now comprises a revolving credit facility of EUR145 million and a guarantee facility of EUR160 million as well as a term loan of EUR70 million. In addition, the majority shareholder of TOM TAILOR Holding SE, Fosun International Limited, is providing a fixed loan of EUR28.5 million, which is limited until 31 December 2022. With this new agreement, TOM TAILOR Group has secured a long-term foundation for its strategic Group financing.


Investor contact
Viona Brandt
Head of Investor Relations
TOM TAILOR Group
Telephone: +49 (0) 40 58956-449
E-mail:[email protected]

Media contact
Harriet Weiler
Head of Corporate Communications
TOM TAILOR Group
Telephone: +49 (0) 40 58956-168
E-mail: [email protected]

30-Oct-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: TOM TAILOR Holding SE
Garstedter Weg 14
22453 Hamburg
Germany
Phone: +49 (0) 40 589 56 0
Fax: +49 (0) 40 589 56 199
E-mail: [email protected]
Internet: www.tom-tailor-group.com
ISIN: DE000A0STST2
WKN: A0STST
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 900819

 
End of Announcement DGAP News Service

900819  30-Oct-2019 CET/CEST

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EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




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