DGAP-News: Stabilus S.A. concludes early redemptio

DGAP-News: Stabilus S.A. / Key word(s): Financing Stabilus S.A. concludes early redemption of senior secured notes 17.06.2015 / 11:39 --------------------------------------------------------------------- CORPORATE NEWS Luxembourg/Koblenz, June 17, 2015 Stabilus S.A. concludes early redemption of senior secured notes Luxembourg/Koblenz, June 17, 2015 - On June 16, 2015, Stabilus S.A. (Stabilus, ISIN: LU1066226637), the globally leading developer and producer of gas springs and hydraulic dampers, as planned concluded the premature and full redemption of all its outstanding senior secured notes with the principal amount of EUR 256,122,969.84 due in 2018. In accordance to the terms of the bonds issued, the nominal redemption price per redeemed note amounted to EUR 103,875, equaling 103.875% of the principal amount of each EUR 100,000 note redeemed. The redemption of the outstanding senior notes due in 2018 was financed by a loan comprising a total of EUR 320 million (EUR 270 million Term Loan Facility and EUR 50 million Revolving Credit Facility) that was agreed for this purpose and announced on December 19, 2014, and which is available to the company since June 15, 2015. By concluding the redemption of the outstanding senior notes, Stabilus installed a long term financing structure that reduces the company's interest burden by around EUR 13 million per year compared with the previous interest structure. The one-time transaction costs amount to approx. EUR 15 million in cash, including early redemption costs. <pre> Press Contact: Investor Relations Contact: Gaby Jonethal Andreas Schröder Tel.: +49 261 8900 502 Tel.: +352 286 770 21 E-Mail: gjonethal@stabilus.com E-Mail: anschroeder@stabilus.com Charles Barker Corporate Communications Tobias Eberle +49 69 794090 24 E-Mail: Tobias.Eberle@charlesbarker.de </pre> --------------------------------------------------------------------- 17.06.2015 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: Stabilus S.A. 2, rue Albert Borschette L-1246 Luxemburg Grand Duchy of Luxembourg Phone: +352 286 770 1 Fax: +352 286 770 99 E-mail: info.lu@stabilus.com Internet: www.stabilus.com ISIN: LU1066226637 WKN: A113Q5 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 369171 17.06.2015