The transaction was publicly announced on Friday 24th of March 2017 for 350 million euros bond with a duration of 7 years.
The markets have positively reacted to the offer, which was a strong success thanks to the good collaboration between the Adler Pelzer Group and several banks. The transaction is expected to be completed during the beginning of April 2017.
This new emission provides for the refinancing of the former bonds and ensures we achieve substantial reduction of financial charges for the Group, enables a long-term stable capital structure and provides sufficient cash headroom. Thanks to this, the further strong growth of the Adler Pelzer Group is made possible, building on the ongoing trust of global customers and continuing worldwide expansion.