11.12.2018 freenet AG  DE000A0Z2ZZ5

DGAP-News: freenet AG is optimizing the maturity structure of its debt, thus creating long-term financing certainty


 

DGAP-News: freenet AG / Key word(s): Financing
freenet AG is optimizing the maturity structure of its debt, thus creating long-term financing certainty

11.12.2018 / 08:00
The issuer is solely responsible for the content of this announcement.


freenet AG is optimizing the maturity structure of its debt, thus creating long-term financing certainty
 

- freenet AG is extending the maturity of the existing bank loan to 5 respectively 7 years; the volume of the bank loan will be increased by 200 million euros to 910 million euros
 

- Successful placing of a promissory note for 100 million euros with maturities of 5 and 7 years
 

- Repayment ahead of schedule of the bridge financing of 277 million euros falling due in January 2020
 

Büdelsdorf, 11 December 2018 - freenet AG has successfully extended its syndicated bank loan (in place since March 2016) until at least November 2023. By way of two extension options (one year in each case), the maturity could under ideal circumstances even be extended up to 7 years. The volume has been increased to 910 million euros, and consists of an amortizing loan of 610 million euros due upon final maturity and also a revolving credit facility of 300 million euros which has not yet been drawn down. Both tranches are still subject to variable interest. There have been no changes regarding the interest rates and the covenants. The maximum margin over the term of the loan is 1.90 per cent per annum. The transaction was arranged by Bayerische Landesbank, Commerzbank AG, Landesbank Baden-Württemberg as well as UniCredit Bank, and was placed entirely within the existing bank syndicate.
 

freenet AG has also successfully placed a promissory note, due upon final maturity, with 4 tranches for a total of 100 million euros. The transaction was carried out under standard market conditions, and was supported by DZ-Bank, Hessische Landesbank, Landesbank Baden-Württemberg and UniCredit Bank. The issue was taken up with an initial margin of 1.20 per cent for the 5-year-maturity tranches and with an initial margin of 1.30 per cent for the 7-year-maturity tranches. The initial margin might be reduced on the basis of a step-down mechanism.
 

The funds will be used to repay ahead of schedule the bridge financing of 277 million euros which has been in place since July 2018 and which is due upon final maturity in January 2020.
 

For further information, please go to: http://www.freenet-group.de/investor-relations.

***************************************

freenet Aktiengesellschaft
Investor Relations

Deelbögenkamp 4c
22297 Hamburg
Tel.: 040 / 513 06 778

Fax: 040 / 513 06 970

E-Mail: [email protected]



11.12.2018 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.

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Language: English
Company: freenet AG
Hollerstraße 126
24782 Büdelsdorf
Germany
Phone: +49 (0)40 51306-778
Fax: +49 (0)40 51306-970
E-mail: [email protected]
Internet: www.freenet-group.de
ISIN: DE000A0Z2ZZ5, DE000A1KQXU0
WKN: A0Z2ZZ , A1KQXU
Indices: MDAX, TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

756311  11.12.2018 

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Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 3.117,89 3.362,41 3.507,26 2.897,47 2.932,54 2.576,23 2.580,00
EBITDA1,2 370,18 438,82 541,20 441,18 426,80 425,88 430,00
EBITDA-Marge3 11,87 13,05 15,43 15,23 14,55 16,53 16,67
EBIT1,4 298,78 298,82 260,83 311,99 269,95 262,98 0,00
EBIT-Marge5 9,58 8,89 7,44 10,77 9,21 10,21 0,00
Jahresüberschuss1 221,46 216,42 275,57 212,16 184,73 561,01 0,00
Netto-Marge6 7,10 6,44 7,86 7,32 6,30 21,78 0,00
Cashflow1,7 314,94 389,65 385,36 369,48 364,23 357,06 0,00
Ergebnis je Aktie8 1,73 1,78 2,24 1,74 1,49 4,44 1,80
Dividende8 1,55 1,60 1,65 1,65 0,04 1,65 1,50
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
Freenet
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0Z2ZZ 20,290 Halten 2.598,36
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
10,97 11,98 0,92 10,48
KBV KCV KUV EV/EBITDA
1,61 7,28 1,01 7,11
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
Hauptversammlung
0,04 1,65 8,13 18.06.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
06.05.2021 12.08.2021 04.11.2021 26.03.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-3,79% 6,55% 18,00% 43,14%
    
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