UniCredit

EQS-News: Final offer price for DOUGLAS AG shares set at 26.00 euro per share

Retrieved on: 
Wednesday, April 10, 2024
Deutsche Bank, Citigroup, RBI, Growth, Frankfurt Stock Exchange, Goldman Sachs, WKN, UBS, Intesa Sanpaolo, UniCredit, IPO, BNP Paribas, Investment, Jefferies, LBBW, CVC Capital Partners, DOU, Security (finance)

CVC Capital Partners and the Kreke family remain main indirect shareholders after the IPO and do not sell any shares at the IPO.

Key Points: 
  • CVC Capital Partners and the Kreke family remain main indirect shareholders after the IPO and do not sell any shares at the IPO.
  • The total offer size amounts to around 890 million euro with gross proceeds for DOUGLAS AG of around 850 million euro, which corresponds to a market capitalization of DOUGLAS AG of around 2.8 billion euro.
  • Sander van der Laan, CEO DOUGLAS Group, said: “The significant investor interest in the DOUGLAS Group underlines the exceptional work our team has accomplished in recent months.
  • The shares of DOUGLAS AG are expected to be trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange from March 21, 2024, on.

EQS-News: Supervisory Board of ProCredit Holding AG extends contract of Management Board Chair Hubert Spechtenhauser ahead of schedule by a further year

Retrieved on: 
Wednesday, April 10, 2024
Corporation, Risk management, Supervisory board, Trust, ProCredit Holding, Frankfurt, Capital market, Orientation, Landesbank, UniCredit, Management

Frankfurt am Main, 19 March 2024 - The Supervisory Board of ProCredit Holding AG decided today to extend the contract of Management Board Chair Hubert Spechtenhauser ahead of schedule by a further year until end-February 2026.

Key Points: 
  • Frankfurt am Main, 19 March 2024 - The Supervisory Board of ProCredit Holding AG decided today to extend the contract of Management Board Chair Hubert Spechtenhauser ahead of schedule by a further year until end-February 2026.
  • The Supervisory Board is committed to continuity in the management of the ProCredit group and, with this staffing decision, has reaffirmed its recognition of successful strategic management and the achievement of excellent business results.
  • "As Chair of the Management Board, Hubert Spechtenhauser has driven the development of the ProCredit group in a convincing manner.
  • We wish him and the entire Management Board continued success," said Rainer Ottenstein, Chair of the Supervisory Board of ProCredit Holding AG.

HONEYWELL TO ACQUIRE CIVITANAVI SYSTEMS TO STRENGTHEN AUTONOMOUS OPERATIONS OFFERINGS IN AEROSPACE AND EXPAND EUROPEAN FOOTPRINT

Retrieved on: 
Wednesday, March 27, 2024
Automation, Growth, Currier, CNS, History, Bird & Bird, Acquisition, Aviation, UniCredit, Fibre-optic gyroscope, European, Aircraft, Advanced Air Mobility, Orientation

The acquisition will further strengthen Honeywell's capabilities to help its customers create autonomous operations in aircraft and other vehicles.

Key Points: 
  • The acquisition will further strengthen Honeywell's capabilities to help its customers create autonomous operations in aircraft and other vehicles.
  • It also supports Honeywell's alignment of its portfolio around three compelling megatrends, including the future of aviation and automation.
  • Civitanavi's product offerings of inertial navigation, geo reference and stabilization systems will complement technologies in Honeywell's existing navigation and sensors business.
  • Bird & Bird is acting as legal counsel to Honeywell in the acquisition process, while UniCredit is acting as financial advisor.

Business as usual: bank climate commitments, lending, and engagement

Retrieved on: 
Tuesday, April 2, 2024
Smoke, Carbon, Pillar, Worldwide, BPER, Employment, Disclosure, Economic methodology, LEI, Research Papers in Economics, CGD, Ibercaja Banco, Fossil, Mediobanca, Policy, UNEP, Crédit Mutuel, BBVA, Columbia Business School, Pari, Corporate finance, NBER, Principle, Agriculture, Société Générale, Insurance, Allied Irish Banks, Medical classification, Aluminium, Becker, Feedback, Central bank, Triodos Bank, Target, Prosocial behavior, Journal of Financial Economics, European Parliament, MIT, R2, Website, Behavior, Poisson, Human, UN, Climate, Crédit Agricole, United Nations, Transport, Coal mining, Syndicated loan, Investment, ABN AMRO, Politics, BSI, OLS, PDF, ECB, Unemployment, Econometrics, Ambition, Clutch (eggs), IEA, Social science, Engagement, JEL, Climate change, Risk management, Yb, Bias, Abanca, Research, Classification, UniCredit, A.5, NZIA, Divestment, Literature, IPCC, European Central Bank, AA, Geography, Natural gas, Green lending, Metal, The Borrowers, Elasticity, Stanford Social Innovation Review, Steven M. Greer, BMPS, Finance, Risk, Single, CaixaBank, PPML, BNP Paribas, European, Money, NLB Group, La Banque postale, Corporate welfare, Paris Agreement, A.2, ROW, OECD, Fraud, Coal, Frustration, Iron, Commerzbank, Bank of Åland, COP, Comparison, Overalls, All, Temperature, Banca Ifis, Conference, Pressure, Steel, International Energy Agency, United, Alpha Bank, Interest, SSRN, Justice, AAA, Deutsche Bank, Crawford, Science Based Targets initiative, GFANZ, Quarterly Journal, Rabobank, Hirschman, Effect, Carbon Disclosure Project, ESG, MSCI, Support, NZBA, Sierra Club, Map, Taxonomy, Q50, Banco Sabadell, Financial Times, Banco BPM, BPCE, Reproduction, Erste Group, Data, G21, Interval (mathematics), Cardboard
Key Points: 

    EQS-News: DOUGLAS Group plans Initial Public Offering (IPO) on Frankfurt Stock Exchange

    Retrieved on: 
    Wednesday, March 13, 2024
    Jefferies, Senior, Supervisory board, Deutsche Bank, Note, LFL, Growth, Bloom, UBS, ESG, CVC Capital Partners, IPO, Net income, UniCredit, LBBW, Banca Intesa, Economics, Goldman Sachs, Regulated market, RBI, Citigroup, Frankfurt Stock Exchange, BNP Paribas, PIK

    DOUGLAS Group, Europe’s number one omnichannel premium beauty destination, plans a public listing on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange

    Key Points: 
    • DOUGLAS Group, Europe’s number one omnichannel premium beauty destination, plans a public listing on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange
      IPO would accelerate the debt reduction and decrease the interest expenses of the company, thus enlarging the financial flexibility of the DOUGLAS Group and its further value creation
      Sander van der Laan, CEO DOUGLAS Group: “The DOUGLAS Group is ideally positioned to further capitalize on the large and resilient European premium beauty market.
    • The offering would comprise a public offering to individual and institutional investors in Germany as well as international private placements.
    • Following the completion of the IPO, CVC Capital Partners will continue to hold an indirect majority interest in DOUGLAS Group.
    • In the mid-term, the DOUGLAS Group has the ambition to grow group sales (net) at a CAGR of around 7%.

    EQS-News: Delivery Hero successfully completes syndication of USD financing transaction to optimize its capital structure

    Retrieved on: 
    Wednesday, March 13, 2024
    CFO, Standard Chartered, USD, Delivery, J. P. Morgan, Delivery Hero, EUR, Morgan Stanley, Goldman Sachs, Barclays, ING, HSBC, UniCredit, Security (finance)

    Delivery Hero intends to use at least EUR 300 million of the US Dollar Term Facility to repurchase selected outstanding convertible bonds due in 2025 and 2026.

    Key Points: 
    • Delivery Hero intends to use at least EUR 300 million of the US Dollar Term Facility to repurchase selected outstanding convertible bonds due in 2025 and 2026.
    • Emmanuel Thomassin, CFO of Delivery Hero, said: "We are very pleased with the strong reception of our financing transaction in the debt capital markets.
    • UniCredit, HSBC, Barclays, Goldman Sachs, Morgan Stanley, ING and Standard Chartered acted as Joint Lead Arrangers on the US Dollar Term Facility.
    • White & Case LLP acted as legal advisor to Delivery Hero and Milbank LLP acted as legal advisor to the arrangers.

    EQS-News: DOUGLAS Group sets price range for its IPO

    Retrieved on: 
    Wednesday, March 13, 2024
    CFO, Jefferies, Supervisory board, Deutsche Bank, Competition Commission, FMCG, GfK, Investment, Research, Management, Growth, Johnson & Johnson, Primary shares, UBS, Sale, Calendar, Beauty, Frankfurt Stock Exchange, IPO, CVC Capital Partners, Federal Financial Supervisory Authority, LBBW, Organization, Economics, Goldman Sachs, RBI, Citigroup, CVC, BNP Paribas, UniCredit, Intesa Sanpaolo, Security (finance)

    The price range implies a total market capitalization of between 2.8 billion euro and 3.1 billion euro.

    Key Points: 
    • The price range implies a total market capitalization of between 2.8 billion euro and 3.1 billion euro.
    • The German Federal Financial Supervisory Authority (BaFin) approved the securities prospectus for the public offer in Germany and listing of DOUGLAS today.
    • With our strong business model and successful growth strategy, the DOUGLAS Group is optimally positioned in a very attractive market.
    • Through Management Equity Programs, the members of the Executive Board as well as current and former managers of the DOUGLAS Group have indirectly invested in the company.

    EQS-News: Francotyp-Postalia Holding AG: Extension of the syndicated loan

    Retrieved on: 
    Wednesday, March 13, 2024
    UniCredit, EUR, Deutsche Bank, FP, Landesbank

    Berlin, February 29, 2024 Francotyp-Postalia Holding AG (ISIN DE000FPH9000) has amended its syndicated loan agreement with effect from February 26th, 2024.

    Key Points: 
    • Berlin, February 29, 2024 Francotyp-Postalia Holding AG (ISIN DE000FPH9000) has amended its syndicated loan agreement with effect from February 26th, 2024.
    • The agreement was signed with the established banking consortium consisting of Landesbank Baden-Württemberg as Facility Agent, Deutsche Bank AG and UniCredit Bank GmbH.
    • The syndicated loan has a total volume of EUR 55 million and a term of three years with twofold option to extend it by one year.
    • The new syndicated loan agreement thus provides FP with a good basis for driving forward the Group's strategy and profitable growth in the coming years.

    LKQ Corporation Announces Pricing of €750,000,000 Senior Notes

    Retrieved on: 
    Wednesday, February 28, 2024
    Prospectus, LKQ Corporation, EDGAR, Sale, Communication, Wells Fargo, HSBC Continental Europe, LKQ, Bank of America, MUFG, HSBC, BNP Paribas, UniCredit, Security (finance)

    CHICAGO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ), together with its indirect, wholly-owned subsidiary, LKQ Dutch Bond B.V., a private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid) incorporated under the laws of The Netherlands (“LKQ Finance”) announced today that it has priced an offering by LKQ Finance of €750,000,000 aggregate principal amount of 4.125% senior notes due 2031 (the “notes”).

    Key Points: 
    • CHICAGO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ), together with its indirect, wholly-owned subsidiary, LKQ Dutch Bond B.V., a private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid) incorporated under the laws of The Netherlands (“LKQ Finance”) announced today that it has priced an offering by LKQ Finance of €750,000,000 aggregate principal amount of 4.125% senior notes due 2031 (the “notes”).
    • The offering is expected to close on or about March 13, 2024, subject to the satisfaction of customary closing conditions.
    • The notes will be fully and unconditionally guaranteed on a senior unsecured basis by the Company and certain of the Company’s U.S. subsidiaries (the “guarantees”).
    • LKQ Finance intends to use the net proceeds from the offering of the notes, together with cash on hand, to (i) pay outstanding indebtedness, including the redemption of all of the outstanding €500,000,000 aggregate principal amount of the 3.875% senior notes due 2024 issued by the Company’s indirect wholly-owned subsidiary, LKQ Italia Bondco di LKQ Italia Bondco GP S.r.l e C.S.A.P.A.

    Affidea successfully reprices its debt and raises an additional €200 million credit facility to support the company's continued growth plans

    Retrieved on: 
    Tuesday, February 27, 2024
    UniCredit, Growth, KKR, Patient, Google Images, Citigroup, Goldman Sachs, RBI, BNP Paribas, Security (finance)

    This recent credit facility further supports the company's strategy for growth.

    Key Points: 
    • This recent credit facility further supports the company's strategy for growth.
    • Affidea has accelerated its growth strategy throughout 2023, investing in existing clinic expansion and Greenfields, alongside accretive acquisitions to expand its service portfolio, adding new polyclinics and Centres of Excellence.
    • The new credit facility comes to support the company in pursuing its expansion plans for the next years.
    • Ronald Voordendag, Affidea Interim CFO, added: "We are pleased with the support from debt investors in our refinanced term loan with reduced interest costs that support our growth plans.