07743 Jena, de
+49 (3641) 652290
Jenoptik successfully concludes five-year syndicated loan agreement for 120 million euros
Jenoptik has successfully concluded a five-year syndicated loan for 120 million euros. The transaction was coordinated by Commerzbank AG and Landesbank Hessen-Thüringen.
The syndicated loan attracted a strong interest and was substantially oversubscribed. JENOPTIK AG decided not to increase the amount and to scale back the commitments of the banks accordingly.
With this financing the Group secures a credit line over the next five years at attractive conditions. It will facilitate Jenoptik's future international growth and can be used flexibly to finance general corporate purposes.
"The club deal helps to secure the financial flexibility, stability and ongoing international growth of the Jenoptik Group. The attractive terms also reflect the financial strength and the trust of stable banks in our company," said Jenoptik CFO Rüdiger Andreas Günther.
Commerzbank AG and Landesbank Hessen-Thüringen were coordinators and bookrunners. In addition, the stable and international group of core banks comprises UniCredit Bank AG as bookrunner, BNP PARIBAS S.A., and Landesbank Baden-Württemberg as mandated lead arrangers as well as Deutsche Bank Luxembourg S.A. as lead arranger.
The use of information published here for personal information and editorial processing is generally free of charge. Please clarify any copyright issues with the stated publisher before further use. In the event of publication, please send a specimen copy to firstname.lastname@example.org.