DGAP-News: SKW Stahl-Metallurgie Holding AG: SKW

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News Desk 2018

Jan 23, 2015 at 8:30 AM

DGAP-News: SKW Stahl-Metallurgie Holding AG: SKW Metallurgie Group signs syndicated loan contract for EUR86m - financing secured until 2018

DGAP-News: SKW Stahl-Metallurgie Holding AG / Key word(s): Financing SKW Stahl-Metallurgie Holding AG: SKW Metallurgie Group signs syndicated loan contract for EUR86m - financing secured until 2018 23.01.2015 / 14:15 --------------------------------------------------------------------- Unterneukirchen (Germany), January 23, 2015. On January 23, 2015, the global specialty chemicals Group SKW Metallurgie signed, as a significant milestone of its strategic realignment, a syndicated loan contract for EUR86m. Arrangers are Commerzbank AG and Norddeutsche Landesbank Girozentrale, both of which have engaged in intensive and successful cooperation with the SKW Metallurgie Group for several years. With the new syndicated loan contract, the SKW Metallurgie Group will have sufficient debt capital at its disposal. This entails refinancing the hitherto framework credit agreement ("Rahmenkreditvertrag") as well as the hitherto promissory note loans, each at their respective maturities The new syndicated loan contract is to run for three years and thereby grants planning security until 2018. "The successful conclusion of a syndicated loan contract proves that our banks believe in the potential of our core business", comments Sabine Kauper, CFO of the SKW Metallurgie Group. â In order to strengthen the equity base and to accelerate the SKW Metallurgie Group's growth both in traditional markets as well as in in emerging countries such as India, SKW Stahl-Metallurgie Holding AG is going to evaluate the capital markets regarding opportunities for equity capital measures during the further course of 2015. "The stabilization of our financial situation granted by the syndicated loan opens to us the desired headroom for the further development of the Group and possible equity capital measures associated therewith", comments Dr. Kay Michel, CEO of the SKW Metallurgie Group. â Contact SKW Stahl-Metallurgie Holding AG Christian Schunck Head of IR and Corporate Communications Rathausplatz 11 84579 Unterneukirchen Germany Phone IR/Press: +49 8634 62720-15 Fax: +49 8634 62720-16 E-Mail: schunck@skw-steel.com Internet: www.skw-steel.com About SKW Stahl-Metallurgie Holding AG and the SKW Metallurgie Group The SKW Metallurgie Group is the global market leader for chemical additives for hot metal desulphurization, and for cored wire and other products for secondary metallurgy. The Group's products enable steel-makers to efficiently manufacture high-quality steel products. Clients include the world's leading companies in the steel industry. The SKW Metallurgie Group has more than 50 years of metallurgical know how, and currently operates in more than 40 countries. What is more, the Group is a leading supplier of Quab specialty chemicals, which are mainly used in the global production of industrial starch for the paper industry. The company's operating business is broken down into the two core segments "Cored Wire" and "Powder and Granules", and the "Other" segment. The SKW Metallurgie Group is headquartered in Germany with production facilities in France, the US (6), Canada, Mexico, Brazil, South Korea, Bhutan, Russia, the Peoples' Republic of China (2) and India (2 via joint venture). Shares of SKW Stahl-Metallurgie Holding AG have been listed in Frankfurt Stock Exchange's Prime Standard since December 1, 2006 with ISIN DE000SKWM013 (since August 15, 2011: new ISIN DE000SKWM021 due to switch to name shares). Disclaimer This press release may include certain forward-looking statements which are based on currently available assumptions and predictions of the SKW Metallurgie Group's management as well as on other currently available information. Various identified as well as unidentified risks and uncertainties as well as other factors may result in a deviation of actual results, financial situation, development or achievement of the company compared to the assessments made herein. SKW Stahl-Metallurgie Holding AG does not intend and assumes no liability to update such forward-looking statements and to adjust them to future events and developments. --------------------------------------------------------------------- 23.01.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: SKW Stahl-Metallurgie Holding AG Rathausplatz 11 84579 Unterneukirchen Germany Phone: +49 (0)8634 62720-15 Fax: +49 (0)8634 62720-16 E-mail: info@skw-steel.com Internet: www.skw-steel.com ISIN: DE000SKWM021 WKN: SKWM02 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, DÃ¼sseldorf, Hamburg, MÃ¼nchen, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 315963 23.01.2015

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