|  Últimas noticias: 
www.edicionesindustriagrafica.com
                       

~ English new ~

Heidelberg optimizes capital structure – further logical step to reduce interest payments

27-06-2018

Heidelberger Druckmaschinen AG (Heidelberg) is optimizing its financing structure. The company today decided to redeem a sum of around €55 million from the current high-yield bond (with a coupon of 8 percent), which runs to 2022 and amounts to some €205 million. This sum will be repaid on July 18, 2018. Issued in 2015, the bond was a key element in extending the financing structure’s maturity profile at that time. The repayment is being made from cash on hand and will have a positive impact on the financial result from the next financial year onward.

Heidelberg is planning to reduce its financing interest by close to half to around €20 million in the medium term. Having recently extended its syndicated credit line for approximately €320 million to 2023, Heidelberg will still have some €700 million available to invest in the digital transformation following its planned partial redemption of the high-yield bond. “We’re continuously working on optimizing our financing framework and capital structure,” said Heidelberg CFO Dirk Kaliebe. “We have numerous options at our disposal for driving forward our growth strategy while also further reducing interest costs by improving the financing framework and choosing the appropriate options to take us into the digital future,” he added.

In accordance with the bond conditions, the repayment on July 18, 2018 will take place by means of a publicly announced early redemption with a redemption value, including redemption premium, of 104 percent. The notice of redemption can also be viewed directly on the Luxembourg Stock Exchange’s website.

Heidelberg optimizes capital structure – further logical step to reduce interest payments


Artículos relacionados

Pharmaceutical packaging specialist Rondo AG installs the Heidelberg Primefire 106 to further expand its Supply on Demand solution
Heidelberg celebra los 10 años de Saphira
Heidelberg Spain invita a once empresas gráficas a conocer la impresión en Brasil
HEIDELBERG Spain presentó en una jornada la nueva generación de impresión digital Versafire EV
Heidelberg presenta en primicia en sus instalaciones de Cornellà la nueva generación de impresión digital Versafire EV
Heidelberg presenta el nuevo sistema de impresión digital de alto rendimiento Versafire EP
Heidelberg presents new Versafire EP high-performance digital printing system
Heidelberg is now a “High Performance Center of Germany for Print Media Technology”
Heidelberg optimizes financing structure – basis for investment in future growth
Heidelberg presenta su nueva máquina digital para aplicaciones comerciales creativas

~ Revista ~


Impremprés - 422
Mayo / Junio 2018

~ Destacado ~

Especial HISPACK 2018

Especial FESPA 2018

Especial C!Print 2017

Suscripción revista

Suscripción boletin

~ Publicidad ~

cloud4printers.com

www.onlineprinters.es

www.mullermartini.com

www.pixartprinting.es

www8.hp.com

www.robatech.com

© 2001-2018 Ediciones Industria Gráfica - Todos los derechos reservados
Aviso legal | Política de privacidad