UniCredit

EQS-News: Bidders connected to XXXLutz Group publish offer document for takeover of home24 – acceptance period commences

Retrieved on: 
Friday, November 11, 2022

XXXLutz has already secured a c. 68.7 % stake in the current share capital of home24

Key Points: 
  • XXXLutz has already secured a c. 68.7 % stake in the current share capital of home24
    Wels, 11 November 2022 RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz") have published the offer document for their voluntary public takeover offer (the "Offer") to the shareholders of home24 SE ("home24") today.
  • Consequently, home24 shareholders can tender their shares starting today for the highly attractive cash offer of EUR7.50 per share.
  • The acceptance period ends on 9 December 2022 at 24:00 hrs (local time in Frankfurt am Main, Germany) or 6pm respectively (local time in New York).
  • In addition, XXXLutz is considering a Delisting of the home24 shares from the stock exchange following completion of the Offer.

EQS-News: Vitesco Technologies Group AG: In volatile market environment, successful refinancing concluded with better conditions

Retrieved on: 
Friday, November 11, 2022

Vitesco Technologies, a leading international developer and manufacturer of state-of-the-art powertrain technologies for sustainable mobility, has successfully concluded a new 800 million revolving credit facility (RCF) with ESG-Link.

Key Points: 
  • Vitesco Technologies, a leading international developer and manufacturer of state-of-the-art powertrain technologies for sustainable mobility, has successfully concluded a new 800 million revolving credit facility (RCF) with ESG-Link.
  • The improved terms and conditions have enabled us to further improve our future financing conditions in an increasingly difficult and volatile environment, says CFO Werner Volz.
  • With this new RCF, Vitesco Technologies replaces the post Spin-off financing of ultimately 800 million that the company raised about a year ago.
  • Vitesco Technologies is a leading international developer and manufacturer of cutting-edge drive systems for sustainable transport solutions.

EQS-News: ProCredit Holding AG & Co. KGaA: Hubert Spechtenhauser appointed Chair of the Management Board of ProCredit General Partner AG

Retrieved on: 
Friday, November 11, 2022

EQS-News: ProCredit Holding AG & Co. KGaA

Key Points: 
  • EQS-News: ProCredit Holding AG & Co. KGaA
    ProCredit Holding AG & Co. KGaA: Hubert Spechtenhauser appointed Chair of the Management Board of ProCredit General Partner AG
    The issuer is solely responsible for the content of this announcement.
  • Frankfurt am Main, 9 November 2022 The Supervisory Board of ProCredit General Partner AG, the sole managing entity of ProCredit Holding AG & Co. KGaA, has resolved today to appoint a Chair of the Management Board for the first time.
  • Hubert Spechtenhauser joined the ProCredit group as a Senior Manager in November 2021 and has been a member of the Management Board of ProCredit General Partner AG since March 2022.
  • As Chairperson of the Management Board, Hubert Spechtenhauser is responsible for Corporate Office, Group Communications, Legal as well as Group and PCH Internal Audit of ProCredit Holding AG & Co. KGaA.

Iveco Group N.V. announces successful signing of a euro 400 million syndicated term facility

Retrieved on: 
Friday, October 28, 2022

Today Iveco Group (MI: IVG) (the Company) has signed a euro 400 million syndicated term facility with Banco Bilbao Vizcaya Argentaria, Banco Santander, Bank of America, Barclays, BNP Paribas, Commerzbank, Deutsche Bank, Intesa Sanpaolo, Mediobanca Banca di Credito Finanziario, Mizuho Bank, Rabobank, Socit Gnrale and Unicredit as Bookrunners and Mandated Lead Arrangers.

Key Points: 
  • Today Iveco Group (MI: IVG) (the Company) has signed a euro 400 million syndicated term facility with Banco Bilbao Vizcaya Argentaria, Banco Santander, Bank of America, Barclays, BNP Paribas, Commerzbank, Deutsche Bank, Intesa Sanpaolo, Mediobanca Banca di Credito Finanziario, Mizuho Bank, Rabobank, Socit Gnrale and Unicredit as Bookrunners and Mandated Lead Arrangers.
  • The proceeds will be used to refinance the current term facility, ahead of the final maturity which would fall in January 2024.
  • This new facility confirms the firm support to Iveco Group from its key international relationship banks.
  • Iveco Group employs approximately 34,000 people around the world and has 28 manufacturing plants and 29 R&D centres.

Leading European financial institutions support H2 Green Steel's €3.5 billion debt financing

Retrieved on: 
Monday, October 24, 2022

STOCKHOLM, Oct. 24, 2022 /PRNewswire/ --H2 Green Steel announces it has received support from leading European financial institutions for its 3.5billion debt financing.

Key Points: 
  • STOCKHOLM, Oct. 24, 2022 /PRNewswire/ --H2 Green Steel announces it has received support from leading European financial institutions for its 3.5billion debt financing.
  • H2 Green Steel will finance the construction of its hydrogen-powered green steel plant in Northern Sweden through a combination of equity and debt financing.
  • The European Investment Bank has received board approval for 750 million of senior debt funding for the H2 Green Steel project.
  • The Swedish National Debt Office has issued a letter of intent to provide a green credit guarantee** of 1 billion of H2 Green Steel's senior debt.

Leading European financial institutions support H2 Green Steel's €3.5 billion debt financing

Retrieved on: 
Monday, October 24, 2022

STOCKHOLM, Oct. 24, 2022 /PRNewswire/ --H2 Green Steel announces it has received support from leading European financial institutions for its 3.5billion debt financing.

Key Points: 
  • STOCKHOLM, Oct. 24, 2022 /PRNewswire/ --H2 Green Steel announces it has received support from leading European financial institutions for its 3.5billion debt financing.
  • H2 Green Steel will finance the construction of its hydrogen-powered green steel plant in Northern Sweden through a combination of equity and debt financing.
  • The European Investment Bank has received board approval for 750 million of senior debt funding for the H2 Green Steel project.
  • The Swedish National Debt Office has issued a letter of intent to provide a green credit guarantee** of 1 billion of H2 Green Steel's senior debt.

Taulia Introduces ESG Component to Its Supply Chain Finance Program With Henkel

Retrieved on: 
Thursday, October 20, 2022

By improving their ESG rating, suppliers can further reduce financing costs in the supply chain.

Key Points: 
  • By improving their ESG rating, suppliers can further reduce financing costs in the supply chain.
  • Furthermore, the integration of ESG ratings will allow many more companies to realize their ESG goals, while maintaining the welfare of their supply chain.
  • Turning our Supply Chain Finance program with Taulia sustainable marks another step in this direction.
  • Our sustainable Supply Chain Finance program incentivizes our suppliers to improve their ESG rating using a multi-dimensional approach on sustainability beyond pure carbon reduction.

EQS-News: XXXLutz Group announces voluntary public takeover offer with support of c. 50 % of shareholders for home24

Retrieved on: 
Wednesday, October 5, 2022

XXXLutz Group announces voluntary public takeover offer with support of c. 50 % of shareholders for home24

Key Points: 
  • XXXLutz Group announces voluntary public takeover offer with support of c. 50 % of shareholders for home24
    The issuer is solely responsible for the content of this announcement.
  • XXXLutz will offer the home24 shareholders a cash consideration of EUR7.50per share.
  • In the Business Combination Agreement signed today, XXXLutz and home24 have agreed on the core points for the future cooperation of both companies.
  • home24 will maintain its online pure-play focus as an independent company and benefit from the strength of the XXXLutz Group.

EQS-News: Photon Energy Group Secures EUR 28.1 Million Long-term Refinancing for its Czech Portfolio

Retrieved on: 
Wednesday, October 5, 2022

The refinancing, which totals EUR 28.1 million, is split into financing in Euros, for EUR 9.7 million, and Czech crowns, for CZK 451 million (EUR 18.4 million).

Key Points: 
  • The refinancing, which totals EUR 28.1 million, is split into financing in Euros, for EUR 9.7 million, and Czech crowns, for CZK 451 million (EUR 18.4 million).
  • Through this refinancing agreement with UniCredit Bank, we have again secured long-term project refinancing for most of our Czech portfolio, said Clemens Wohlmuth, CFO of Photon Energy Group.
  • Photon Energy Group delivers solar energy and clean water solutions around the world.
  • Photon Energy N.V., the holding company for Photon Energy Group, is listed on the Warsaw, Prague and Frankfurt Stock Exchanges.

"THE FUTURE OF MOBILITY" EVENT DRIVES OPEN INNOVATION TO THE NEXT LEVEL

Retrieved on: 
Tuesday, September 27, 2022

CATANIA, Italy, Sept. 26, 2022 /PRNewswire/ -- Plug and Play and STMicroelectronics have teamed up to host an event focusing on the future of mobility. The event brought together leading industry players - including OEMs, suppliers, and startups - who gathered to share their solutions on the hottest topics in the automotive industry. Among them Marelli, HPE Coxa, Sabelt, CLN Group, Ferrari, Bosch, DXC Technology, Motherson, and Jaguar Land Rover.

Key Points: 
  • CATANIA, Italy, Sept. 26, 2022 /PRNewswire/ -- Plug and Play and STMicroelectronics have teamed up to host an event focusing on the future of mobility.
  • The event brought together leading industry players - including OEMs, suppliers, and startups - who gathered to share their solutions on the hottest topics in the automotive industry.
  • Among them Marelli, HPE Coxa, Sabelt, CLN Group, Ferrari, Bosch, DXC Technology, Motherson, and Jaguar Land Rover.
  • STARTUP AUTOBAHNpowered by Plug and Play, is an open innovation platform that provides an interface between innovative tech companies and industry-leading corporations.