Semperit : Increased equity capital to support transformation process
December 12, 2017 at 06:04 am EST
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12.12.2017, 11:57 h (Disclosed inside information / Adhoc Release)
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Vienna, Austria, 12th December 2017 - Immediately after approval of the Supervisory Board, the Management Board of Semperit AG Holding signed an agreement regarding a hybrid capital line amounting to up to EUR 150 million with B & C Holding GmbH, a wholly-owned subsidiary of the core shareholder B & C Industrieholding GmbH today. The interest rate agreed amounts to 5.25%, the commitment fee is set at 1.75%.
The hybrid capital line is a subordinated liability with unlimited duration, which Semperit can draw in several tranches up to and including 31.12.2018 if required. A redemption right or conversion right of the creditor has not been provided for. The hybrid capital line is classified as equity according to IFRS and thus serves to strengthen the balance sheet structure of the company.
Contact:
Monika Riedel
Group Head of Communications & Sustainability
+43 676 8715 8620
Stefan Marin
Head of Investor Relations
+43 676 8715 8210
About Semperit:
The publicly listed company Semperit AG Holding is an internationally-oriented group that develops, produces, and sells in more than 100 countries highly specialised rubber products for the medical and industrial sectors: examination and surgical gloves, hydraulic and industrial hoses, conveyor belts, escalator handrails, construction profiles, cable car rings, and products for railway superstructures. The headquarters of this long-standing Austrian company, which was founded in 1824, are located in Vienna. The Semperit Group employs around 6,500 people worldwide, including about 3,500 in Asia and more than 800 in Austria (Vienna and production site in Wimpassing, Lower Austria). The Group has 22 manufacturing facilities worldwide and numerous sales offices in Europe, Asia, Australia and America. In 2016 the group generated revenue of EUR 852 million and an EBITDA of EUR 78 million.
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Semperit AG Holding published this content on 12 December 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 December 2017 11:03:03 UTC.
Original documenthttps://www.semperitgroup.com/en/business-unit-industrie/press/press-releases-and-adhoc-inside-information/detail/?tx_ttnews[tt_news]=2107&cHash=988675b185de07e76ca37b903bb0e5cf
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Semperit AG Holding is an Austria-based holding company. The Company is engaged in the development, production and marketing of polymer products for a wide range of industrial applications such as hydraulic and industrial hoses, conveyor belts, escalator handrails, building construction profiles, cable car rings as well as railway superstructure products and many others. Its product line are used in industries such as Agriculture, Bulk Transportation Systems, Construction Industry, Manufacturing Industry, Health Care, Shipping Industry, Packaging Industry, Renewable Energy & Power Generation, Automotive Industry, Steel Industry among others. It has production facilities in over 16 countries on three continents, and maintains its own global distribution network with branches in Asia, Europe, the United States and Latin America.
SEMPERIT AG HOLDING 
