EQS-News: AGRANA successfully places an ESG-rating-linked Schuldschein Loan Agreement with a volume of € 235 million and maturities of 3, 5 and 7 years

EQS-News: AGRANA Beteiligungs-Aktiengesellschaft / Key word(s): Financing
AGRANA successfully places an ESG-rating-linked Schuldschein Loan
Agreement with a volume of € 235 million and maturities of 3, 5 and 7
years

21.12.2022 / 12:10 CET/CEST
The issuer is solely responsible for the content of this announcement.

══════════════════════════════════════════════════════════════════════════

AGRANA successfully places an ESG-rating-linked Schuldschein Loan
Agreement with a volume of € 235 million and maturities of 3, 5 and 7
years

For the first time in its history, AGRANA Beteiligungs-AG successfully
placed an ESG-rating-linked Schuldschein Loan Agreement with a volume of €
235 million on the euro capital market in December 2022.

The transaction was exceedingly well received by investors despite the
extremely challenging overall market environment. The transaction was
significantly oversubscribed due to the high level of demand, as a result
of which the volume of € 100 million originally planned was increased to €
235 million. The bonded loan was tendered with maturities of three, five
and seven years at both fixed and floating coupons. The spread of all
tranches was at the lower end of the marketing range. The ESG performance
of the AGRANA Group, determined on the basis of an independent ESG rating
issued by International Shareholder Services, leads to an interested rate
adjusted sustainability markup or deduction.

The funds from the Schuldschein Loan Agreement will be used for general
corporate financing purposes as well as to refinance existing long-term
loans.

“This financing instrument is a key element for safeguarding the liquidity
of our group in an extremely volatile environment characterised by rising
interest rates,” says CFO Stephan Büttner commenting on the successful
transaction.

The transaction was arranged by Landesbank Hessen-Thüringen (Helaba),
UniCredit Bank AG, DZ BANK AG Deutsche Zentral-Genossenschaftsbank and
Raiffeisen Bank International.

 

About AGRANA

AGRANA converts agricultural raw materials into high-quality foods and
numerous industrial intermediate products. Around 9,000 employees at 55
production sites worldwide generate annual Group revenue of approximately
€ 2.9 billion. The Group was founded in 1988, is the global leader in
fruit preparations and also a major producer of fruit juice concentrates
in Europe as well as being a key manufacturer of customised potato, corn
and wheat starch products as well as organic ethanol in its Starch
segment. AGRANA is one of the leading sugar companies in Central and
Eastern Europe.

For queries, please contact:

Markus Simak
Public Relations
+43 1 21137 12084
[1]markus.simak@agrana.com

Hannes Haider
Investor Relations
+43 1 21137 12905
[2]hannes.haider@agrana.com

 

This press release is available at [3] https://www.agrana.com/en/.

 

══════════════════════════════════════════════════════════════════════════

21.12.2022 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com

══════════════════════════════════════════════════════════════════════════

Language: English
Company: AGRANA Beteiligungs-Aktiengesellschaft
F.-W.-Raiffeisen-Platz 1
A-1020 Wien
Austria
Phone: +43-1-21137-0
Fax: +43-1-21137-12926
E-mail: investor.relations@agrana.com
Internet: www.agrana.com
ISIN: AT000AGRANA3
WKN: A2NB37
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
Munich, Stuttgart, Tradegate Exchange; Vienna Stock Exchange
(Official Market)
EQS News ID: 1518999

 
End of News EQS News Service

1518999  21.12.2022 CET/CEST

References

Visible links
1. markus.simak@agrana.com
2. hannes.haider@agrana.com
3. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=90bf7f6cc9c2f50f5a0768b5e861e937&application_id=1518999&site_id=apa_ots_austria&application_name=news

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS. www.ots.at
© Copyright APA-OTS Originaltext-Service GmbH und der jeweilige Aussender