EQS-News: ams OSRAM announces the offering of EUR 700 million senior notes and the entry into an amendment and restatement of its Revolving Credit Facility agreement

EQS-News: ams-OSRAM AG / Key word(s): Financing
ams OSRAM announces the offering of EUR 700 million senior notes and the
entry into an amendment and restatement of its Revolving Credit Facility
agreement

18.05.2026 / 10:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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NOT FOR DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES OF AMERICA OR
ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY
APPLICABLE LAW. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE
A VIOLATION OF U.S. SECURITIES LAW.

 

ams OSRAM announces the offering of EUR 700 million senior notes and the
entry into an amendment and restatement of its Revolving Credit Facility
agreement

 

• Launch of an offering of EUR 700 million aggregate principal amount of
senior unsecured notes due 2032.
• Extension of existing EUR 600 million Revolving Credit Facility (RCF)
to September 2028, with a further extension option to September 2030.

 

 

Premstätten, Austria, and Munich, Germany (18 May 2026) — ams OSRAM
announced today the offering of EUR 700 million senior notes and the entry
into an amendment and restatement of its Revolving Credit Facility.

 

ams OSRAM launched today an offering of EUR 700 million aggregate
principal amount of senior unsecured notes due 2032 (together, the
„Notes“) as part of its regularly updated Balance Sheet Deleveraging Plan
initially announced on 30 April 2025.

ams OSRAM intends to use the proceeds from the offering of the Notes,
together with cash on balance sheet, to redeem in full its outstanding
USD 750,000,000 12.250% Senior Notes due 2029, and pay related costs, fees
and expenses, including redemption premiums and accrued interest.

ams OSRAM has also successfully extended on 13 May 2026 its existing
Revolving Credit Facility („RCF“) to September 2028, with a further
extension option to September 2030 subject to the satisfaction of certain
conditions set out therein. The RCF provides for aggregate commitments of
EUR 600 million. The RCF is available for general corporate and working
capital purposes. The successful extension of the RCF further strengthens
ams OSRAM’s liquidity position and demonstrates its proactive approach to
managing its upcoming debt maturities.

 

Important notice:

This press release is for informational purposes only and does not
constitute an offer for sale or the solicitation of an offer to buy the
Notes, nor shall it constitute an offer, solicitation or sale in the
United States or any jurisdiction in which, or to any person to whom, such
offer, solicitation or sale would be unlawful. Any failure to comply with
these restrictions may constitute a violation of United States, or other
applicable securities laws. The Notes have not been and will not be
registered under the U.S. Securities Act of 1933, as amended („Securities
Act“) or the securities laws of any state of the United States or any
other jurisdiction, and may not be offered or sold within the United
States except pursuant to an applicable exemption from, or in a
transaction not subject to, the registration requirements of the
Securities Act and applicable state or local securities laws or laws of
other jurisdictions. There will be no public offering of Notes in the
United States.

European Economic Area (“EEA”) – This announcement does not constitute and
shall not, in any circumstances, constitute a public offering nor an
invitation to the public in connection with any offer within the meaning
of European Prospectus Regulation (EU) 2017/1129 (the “EU Prospectus
Regulation”). The offer and sale of the Notes will be made pursuant to an
exemption under the EU Prospectus Regulation, from the requirement to
publish a prospectus for offers of securities.

EEA Manufacturer target market (MIFID II product governance) for the Notes
is eligible counterparties and professional clients only (all distribution
channels). No EEA PRIIPs key information document (KID) has been prepared
as it will not be made available to retail investors in EEA.

United Kingdom (“UK”) – This announcement does not constitute and shall
not, in any circumstances, constitute an offering to any retail investor
in the UK. Consequently, no disclosure document required by the FCA
Product Disclosure Sourcebook (“DISC”) for offering, selling or
distributing the Notes or otherwise making them available to UK retail
investors has been prepared and therefore offering, selling or
distributing the Notes or otherwise making them available to any UK retail
investor may be unlawful under DISC and the Consumer Composite Investments
(Designated Activities) Regulations 2024. This announcement has been
prepared on the basis that any offer of the Notes in the UK will be made
pursuant to an exemption under the Public Offers and Admission to Trading
Regulations 2024. This announcement is not a prospectus for the purpose of
the Prospectus Rules: Admission to Trading on a Regulated Market
sourcebook and the Financial Conduct Authority has neither approved nor
reviewed the information contained herein.

UK Manufacturer target market (UK MiFIR product governance) for the Notes
is eligible counterparties and professional clients only (all distribution
channels). No UK PRIIPs key information document (KID) has been prepared
as it will not be made available to retail investors in UK.

This announcement is not a prospectus according to Articles 35 et seqq. of
the Swiss Financial Services Act (the “FinSA”) and does not constitute and
shall not, in any circumstances, constitute a public offering nor an
invitation to the public in connection with any offer within the meaning
of the FinSA. The Notes may not be publicly offered, directly or
indirectly, in Switzerland within the meaning of the FinSA and no
application has or will be made to admit the Notes to trading on any
trading venue (exchange or multilateral trading facility) in Switzerland.

This announcement is being distributed to, and is directed at, only (1)
non-U.S. persons who are located outside the United States and (a) if
located in a Member State of the EEA, persons who are qualified investors
(as defined in the EU Prospectus Regulation); (b) if located in the UK,
(i) persons who have professional experience in matters relating to
investments who fall within Article 19(5) of the Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005, as amended (the
“Order”); (ii) persons falling within Article 49(2)(a) to (d) (high net
worth companies, unincorporated associations, etc.) of the Order; or (iii)
persons to whom an invitation or inducement to engage in an investment
activity within the meaning of Section 21 of the FSMA in connection with
the issue or sale of any securities may otherwise lawfully be communicated
or caused to be communicated, or (2) persons who are reasonably believed
to be “qualified institutional buyers” (as defined in Rule 144A under the
Securities Act) (all such persons together being referred to as “relevant
persons”). The investments to which this announcement relates are
available only to, and any invitation, offer or agreement to subscribe,
purchase or otherwise acquire such investments will be available only to
or will be engaged in only with, relevant persons. Any person who is not a
relevant person should not act or rely on this announcement or any of its
contents. Persons distributing this announcement must satisfy themselves
that it is lawful to do so.

This announcement may contain statements about ams-OSRAM AG (the
“Company,” and together with its subsidiaries, the “Group”) or the Group
that are or may constitute or include forward-looking statements.
Forward-looking statements are statements that are not historical facts
and may be identified by words such as “plans”, “targets”, “aims”,
“believes”, “expects”, “anticipates”, “intends”, “estimates”, “will”,
“may”, “continues”, “should” and similar expressions. These
forward-looking statements reflect, at the time made, the Group’s beliefs,
intentions and current targets/aims concerning, among other things, the
Company’s or the Group’s results of operations, financial condition,
liquidity, prospects, growth and strategies. Forward-looking statements
include statements regarding: objectives, goals, strategies, outlook and
growth prospects; future plans, events or performance and potential for
future growth; economic outlook and industry trends; developments of the
Company’s or the Group’s markets; and the strength of the Company’s or any
other member of the Group’s competitors. Forward-looking statements
involve risks and uncertainties because they relate to events and depend
on circumstances that may or may not occur in the future. The
forward-looking statements in this announcement are based upon various
assumptions, many of which are based, in turn, upon further assumptions,
including without limitation, management’s examination of historical
operating trends, data contained in the Group’s records and other data
available from third parties. Although the Group believes that these
assumptions were reasonable when made, these assumptions are inherently
subject to significant known and unknown risks, uncertainties,
contingencies and other important factors which are difficult or
impossible to predict and are beyond its control. Forward-looking
statements are not guarantees of future performance and such risks,
uncertainties, contingencies and other important factors could cause the
actual outcomes and the results of operations, financial condition and
liquidity of the Company and other members of the Group or the industry to
differ materially from those results expressed or implied in this
announcement by such forward-looking statements. No assurances can be
given that the forward-looking statements will be realized. The
forward-looking statements speak only as of the date of this announcement.
The Group expressly disclaims any obligation or undertaking to release any
updates or revisions to any forward-looking statements to reflect any
change in the Group’s expectations with regard thereto or any changes in
events, conditions or circumstances on which any forward-looking
statements are based. No representation or warranty is made that any of
these forward-looking statements or forecasts will come to pass or that
any forecast result will be achieved. Undue influence should not be given
to, and no reliance should be placed on, any forward-looking statement.

In connection with the offering of the Notes, the stabilizing managers (or
any person acting on behalf of the stabilizing manager) may, to the extent
permissible by applicable law, over-allot Notes or effect transactions
with a view to stabilizing or maintaining the market price of the
respective series of Notes at a level higher than that which might
otherwise prevail. However, there is no assurance that the stabilizing
manager will undertake any such stabilization action. Any stabilization
action, if commenced, may begin on or after the date of adequate public
disclosure of the final terms of the offer of the Notes and may be ended
at any time, but it must end no later than the earlier of 30 calendar days
after the issue date of the Notes and 60 calendar days after the date of
the allotment of the respective series of Notes. Any stabilization action
or over-allotment must be conducted by the stabilizing manager (or a
person acting on behalf of the stabilizing manager) in accordance with all
applicable laws and rules.

 

About ams OSRAM

The ams OSRAM Group (SIX: AMS) is a global leader in innovative light and
sensor solutions. As a specialist in Digital Photonics, we combine
engineering excellence with cutting-edge global manufacturing to offer our
customers the broadest portfolio of digital light and sensing
technologies.

“Sense the power of light” — our success has ever since been based on a
deep understanding of the potential of light. For 120 years, we have been
developing innovations that move markets: from automotive applications and
industrial manufacturing to medical and consumer electronics. In the
anniversary year of the OSRAM brand, around 18,500 employees worldwide are
working on pioneering solutions alongside societal megatrends such as
smart mobility, artificial intelligence, augmented reality, smart health,
and robotics. This is reflected in around 12,000 patents granted and
applied for. Headquartered in Premstaetten/Graz (Austria) with
co-headquarters in Munich (Germany), the group achieved EUR 3.3 billion
revenues in 2025 and is listed as ams-OSRAM AG on the SIX Swiss Exchange
(ISIN: AT0000A3EPA4).

 

Find out more about us on [1] https://ams-osram.com   

 

ams and OSRAM are registered trademarks of ams-OSRAM AG. In addition, many
of our products and services are registered or filed trademarks of
ams OSRAM Group. All other company or product names mentioned herein may
be trademarks or registered trademarks of their respective owners.

 

Join ams OSRAM social media channels: [2]>LinkedIn [3]>YouTube 

For further information  
Investor Relations Media Relations
ams-OSRAM AG ams-OSRAM AG
Dr Juergen Rebel Bernd Hops
Senior Vice President Senior Vice President
Investor Relations Corporate Communications
T: +43 3136 500-0 T: +43 3136 500-0
[4]investor@ams-osram.com [5]press@ams-osram.com
     

 

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18.05.2026 CET/CEST This Corporate News was distributed by [6]EQS Group

View original content: [7]EQS News

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Language: English
Company: ams-OSRAM AG
Tobelbader Straße 30
8141 Premstaetten
Austria
Phone: +43 3136 500-0
E-mail: investor@ams-osram.com
Internet: https://ams-osram.com/
ISIN: AT0000A3EPA4
WKN: A118Z8
Listed: Regulated Unofficial Market in Dusseldorf, Frankfurt, Munich,
Stuttgart, Tradegate BSX; BX, SIX, Vienna Stock Exchange
(Vienna MTF)
EQS News ID: 2328876

 
End of News EQS News Service

2328876  18.05.2026 CET/CEST

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References

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4. investor@ams-osram.com
5. press@ams-osram.com
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