27.07.2020 freenet AG  DE000A0Z2ZZ5

DGAP-News: freenet AG: freenet AG successfully places a promissory note loan amounting to 345.0 million euros


 

DGAP-News: freenet AG / Key word(s): Financing/Capital Reorganisation
freenet AG: freenet AG successfully places a promissory note loan amounting to 345.0 million euros

27.07.2020 / 08:00
The issuer is solely responsible for the content of this announcement.


freenet AG successfully places a promissory note loan amounting to 345.0 million euros

- Despite the difficult market environment caused by Corona, freenet AG places a promissory note loan above the initially announced 300.0 million euros

- Funds are used to refinance the maturing promissory note loans

Büdelsdorf, 27 July 2020 - freenet AG [ISIN DE000A0Z2ZZ5] has successfully placed a promissory note loan with a total volume of 345.0 million euros to refinance maturing promissory notes. The placement was carried out by the Joint Lead Managers Bayerische Landesbank, Norddeutsche Landesbank, Landesbank Baden-Württemberg and UniCredit Bank with a widely diversified group of institutional investors in Germany and abroad.

The financing instrument with final maturity consists of three tranches with a 3.5-year, a 5-year and a 6-year maturity. The 3.5-year tranche of EUR 166.5 million bears interest at an initial margin of 1.50 percent p.a., while the 5-year tranche of EUR 168.5 million has an initial margin of 1.70 percent p.a. The 6-year tranche of EUR 10.0 million bears interest at an initial margin of 1.90 percent p.a. The entire volume was subscribed at the lower end of the marketing margin. Based on a step-down mechanism linked to leverage, the initial margin is expected to decrease by 0.30 percentage points over the course. The inflowing funds will be directly offset against due or redeemable tranches.

"In a still uncertain capital market environment, we were able to score with our stable business model and raise more than the targeted volume at a very attractive interest rate level. As a result of this transaction, our financial situation has eased sustainably. We therefore confirm with even more confidence our dividend policy, which was already confirmed in the first quarter of 2020 and which provides for a payout of at least 80 percent of free cash flow," says Ingo Arnold, CFO of the freenet Group.

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freenet Group
Investor Relations & ESG

Deelbögenkamp 4
22297 Hamburg
Phone: +49 40 / 513 06 778
Fax: +49 40 / 513 06 970
Mail: [email protected]

Further information at http://www.freenet-group.de/investor-relations.



27.07.2020 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 Buedelsdorf
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
EQS News ID: 1101309

 
End of News DGAP News Service

1101309  27.07.2020 

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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
EBITDA1,2 370,18 438,82 541,20 441,18 426,80 425,88 443,00
EBITDA-Marge3 11,87 13,05 15,43 15,23 14,55 16,53 17,17
EBIT1,4 298,78 298,82 260,83 311,99 269,95 262,98 274,00
EBIT-Marge5 9,58 8,89 7,44 10,77 9,21 10,21 10,62
Jahresüberschuss1 221,46 216,42 275,57 212,16 184,73 561,01 216,00
Netto-Marge6 7,10 6,44 7,86 7,32 6,30 21,78 8,37
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 1,69
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 22,510 Halten 2.882,65
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
11,97 12,18 0,97 11,62
KBV KCV KUV EV/EBITDA
1,79 8,07 1,12 7,78
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
1,65 1,50 6,66 18.06.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
05.05.2022 12.08.2021 04.11.2021 25.03.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-0,13% 6,03% 30,91% 31,18%
    
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