DGAP-News: Masterflex SE / Key word(s): Miscellaneous/Corporate Action Masterflex SE: Closing of refinancing implemented - DPR audit error-free passed (with additional features) 19.06.2013 / 10:30 --------------------------------------------------------------------- Masterflex SE: Closing of refinancing implemented - DPR audit error-free passed Gelsenkirchen, 19 June 2013 - Masterflex SE has successfully implemented the new refinancing structure. Now, the first tranche of the syndicated loan totalling up to EUR 40 million with a duration to June 2018 has been payed out. The second tranche is a revolving credit facility and the third tranche is intended to fund potential acquisitions in the hose business, which the Masterflex Group is targeting as part of its long-term growth strategy. Covenants are equity ratio, interest cover and leverage ratio. However, the state guarantee no longer applies and is not replaced. With this new refinancing loan, Masterflex has not only adjusted its financing structure to changed interest rates and its increased credit rating, but it has also become more independent from lending / financing risks resulting from changes to banking regulations (Basel III). In addition, Masterflex SE has successfully passed an audit of its 2011 annual accounts by the 'Deutsche Prüfungsstelle für Rechnungslegung' (DPR). The DPR randomly audits the annual accounts of listed German companies to ensure their compliance with the accounting standards. In this context, the audit was successfully passed without any errors. The Masterflex Group is a specialist in the development and production of high-quality connector and hose systems. With 13 operating units in Europe, America and Asia, the Group is represented almost all over the world. Its growth is driven by internationalisation and innovation. Contact: Dr Annette Littmann, tel. +49 209 970 77 44, e-mail: [email protected] End of Corporate News +++++ Additional features: Picture: http://newsfeed2.equitystory.com/masterflex/217124.html Subtitle: Die Zentrale der Masterflex SE in Gelsenkirchen --------------------------------------------------------------------- 19.06.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's 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: Masterflex SE Willy-Brandt-Allee 300 45891 Gelsenkirchen Germany Phone: +49 (0)209 97077-44 Fax: +49 (0)209 97077-20 E-mail: [email protected] Internet: www.masterflex.de ISIN: DE0005492938 WKN: 549 293 Indices: Prime all share Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 217124 19.06.2013