{"id":10365,"date":"2014-08-21T17:48:35","date_gmt":"2014-08-21T15:48:35","guid":{"rendered":"https:\/\/www.autoneum.com\/2014\/08\/21\/autoneum-signs-new-150-million-chf-syndicated-loan-subordinated-shareholder-loans-repaid-and-principal-shareholders-released-from-lock-up-agreement\/"},"modified":"2019-10-29T13:59:20","modified_gmt":"2019-10-29T12:59:20","slug":"autoneum-signs-new-150-million-chf-syndicated-loan-subordinated-shareholder-loans-repaid-and-principal-shareholders-released-from-lock-up-agreement","status":"publish","type":"post","link":"https:\/\/www.autoneum.com\/zh-hant\/2014\/08\/21\/autoneum-signs-new-150-million-chf-syndicated-loan-subordinated-shareholder-loans-repaid-and-principal-shareholders-released-from-lock-up-agreement\/","title":{"rendered":"Autoneum signs new 150 million CHF syndicated loan \u2013 subordinated shareholder loans repaid and principal shareholders released from lock-up agreement"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-1\"><p><strong>Autoneum has signed a new 150 million CHF revolving loan with a syndicate of ten banks. The loan agreement replaces the existing long-term credit facilities agreement of 130 million CHF, which expires on December 31, 2014. At the same time, the two subordinated loans for 12.5 million CHF each were repaid ahead of schedule to the principal shareholders.<\/strong><\/p>\n<p>Autoneum has signed a new 150 million CHF revolving loan maturing on December 31, 2019, with a syndicate of ten banks. The loan agreement replaces the existing long-term credit facilities agreement of 130 million CHF, which expires on December 31, 2014, thus further optimizing the maturity structure of Autoneum\u2019s long-term financings. The significantly improved earnings since the listing and the stronger balance sheet are reflected in the favorable new lending conditions.<\/p>\n<p>In connection with the conclusion of the new loan agreement, the subordinated shareholder loans worth a total of 25 million CHF that were granted by the principal shareholders Michael Pieper and Peter Spuhler on the occasion of Autoneum\u2019s going public in May 2011 were also repaid. As a consequence, the principal shareholders are also released from the obligation not to reduce their stake in Autoneum Holding AG to less than ten percent each (lock-up agreement).<\/p>\n<p>Autoneum CEO Martin Hirzel emphasized: \u201cThe conclusion of this new loan agreement and the repayment of the subordinated shareholder loans ahead of schedule show that the improvement in Autoneum\u2019s operating and financial performance since the going public has been recognized by the market. This loan agreement lays the financial foundations for future growth and further operational improvements.\u201d<\/p>\n<p>Michael Pieper added: \u201cThe termination of the lock-up agreement will have no impact on the long-term focus of my commitment to Autoneum.\u201d Peter Spuhler stressed: \u201cThe discontinuation of the lock-up agreement is evidence of the financial stability the company has achieved. The stakes in Autoneum and Rieter via my privately held company PCS Holding AG are long-term strategic investments.\u201d<\/p>\n<\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"margin-left: auto;margin-right: auto;width:100%;\"><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling fusion-equal-height-columns\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last fusion-column-no-min-height fusion-animated\" style=\"--awb-bg-size:cover;\" data-animationType=\"slideInUp\" data-animationDuration=\"1.0\" data-animationOffset=\"top-into-view\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-column-content-centered\"><div class=\"fusion-column-content\"><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"margin-left: auto;margin-right: auto;margin-top:30px;margin-bottom:30px;width:100%;max-width:100%;\"><div class=\"fusion-separator-border sep-single sep-solid\" style=\"--awb-height:20px;--awb-amount:20px;--awb-sep-color:#b4bf1a;border-color:#b4bf1a;border-top-width:1px;\"><\/div><\/div><div class=\"fusion-sep-clear\"><\/div><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-3 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling fusion-equal-height-columns\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_1_4 1_4 fusion-one-fourth fusion-column-first fogendeprodukte-right\" style=\"--awb-bg-color:#ffffff;--awb-bg-color-hover:#ffffff;--awb-bg-size:cover;width:25%;width:calc(25% - ( ( 2% + 2% ) * 0.25 ) );margin-right: 2%;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-title title fusion-title-1 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-margin-top-small:0px;--awb-margin-right-small:0px;--awb-margin-bottom-small:20px;--awb-margin-left-small:0px;\"><h2 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:32;line-height:1.2;\">Investors<\/h2><\/div><div class=\"fusion-text fusion-text-2\"><p>Dr. Martin Zwyssig<br \/>\nCFO<br \/>\nT <a href=\"tel:+41522448282\">+41 52 244 82 82<\/a><br \/>\nF +41 52 244 83 37<br \/>\n<a href=\"mailto:investor@autoneum.com\">investor@autoneum.com<\/a><\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-3 fusion_builder_column_1_4 1_4 fusion-one-fourth fogendeprodukte-right\" style=\"--awb-bg-color:#ffffff;--awb-bg-color-hover:#ffffff;--awb-bg-size:cover;width:25%;width:calc(25% - ( ( 2% + 2% ) * 0.25 ) );margin-right: 2%;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-title title fusion-title-2 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-margin-top-small:0px;--awb-margin-right-small:0px;--awb-margin-bottom-small:20px;--awb-margin-left-small:0px;\"><h2 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:32;line-height:1.2;\">Media<\/h2><\/div><div class=\"fusion-text fusion-text-3\"><p>Dr. Anahid Rickmann<br \/>\nHead Corporate Communications &amp; Responsibility<br \/>\nT <a href=\"tel:+41 52 244 83 88\">+41 52 244 83 88<\/a><br \/>\nF +41 52 244 83 36<br \/>\n<a href=\"mailto:media@autoneum.com\">media@autoneum.com<\/a><\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-4 fusion_builder_column_1_2 1_2 fusion-one-half fusion-column-last white\" style=\"--awb-bg-color:#ffffff;--awb-bg-color-hover:#ffffff;--awb-bg-size:cover;width:50%;width:calc(50% - ( ( 2% + 2% ) * 0.5 ) );\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-title title fusion-title-3 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-margin-top-small:0px;--awb-margin-right-small:0px;--awb-margin-bottom-small:20px;--awb-margin-left-small:0px;\"><h2 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:32;line-height:1.2;\">Downloads<\/h2><\/div><div class=\"fusion-button-wrapper fusion-align-block\"><a class=\"fusion-button button-flat fusion-button-default-size button-default fusion-button-default button-1 fusion-button-default-span fusion-button-default-type\" target=\"_blank\" rel=\"noopener noreferrer\" href=\"\/wp-content\/uploads\/2017\/09\/Media_Release_Autoneum_signs_new_syndicated_loan.pdf\"><span class=\"fusion-button-text awb-button__text awb-button__text--default\">Media Release Autoneum signs new syndicated loan (PDF)<\/span><\/a><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":6,"featured_media":20893,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[212,196],"tags":[],"class_list":["post-10365","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ad-hoc-zh-hant","category-finance-zh-hant"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Autoneum signs new 150 million CHF syndicated loan \u2013 subordinated shareholder loans repaid and principal shareholders released from lock-up agreement - Autoneum. 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