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     241  0 Kommentare Grontmij announces comprehensive financial solution


    De Bilt, 9 March 2012 - Grontmij N.V. today announces a comprehensive financial
    solution that has been agreed upon with its banks and certain major
    shareholders. In order to obtain sufficient financial flexibility and to enable
    Grontmij to focus on the execution of the restructuring plans and the
    operational activities, the comprehensive solution involves a new debt facility
    and a rights offering (subject to formal approvals.)

    Key points financial solution:

    * Fully underwritten EUR 80 million rights offering backed by certain major
    shareholders
    * Pre-commitment of 48.5% by these shareholders: remaining 51.5% volume
    committed by ING Bank N.V. and Nordea Bank Danmark A/S
    * New debt facilities for an amount of EUR 180 million with a tenor of four
    years and a short term working capital facility until year-end 2012 of EUR 10
    million

    Michiel Jaski, Grontmij CEO:
    ´We are pleased to announce a financial solution that permits Grontmij to look
    forward with confidence. For the Boards of Grontmij it is extremely important
    that, as part of this solution, we can offer all shareholders an equal
    opportunity to participate in the recovery in the years to come. With the rights
    offering we have secured that opportunity. Backed by this financial solution the
    almost 10.000 professionals working at Grontmij can now fully focus again on the
    business, to deliver excellent service in sustainable design and management
    consultancy to our customers.´

    To the website grontmij.com for the full press release

    Note to editors
    Grontmij is the third largest engineering consultancy in Europe with nearly
    10,000 professionals. At the heart of our business is the sustainability by
    design principle. It is a leading value proposition for our customers delivered
    by four business lines: Planning & Design, Transportation & Mobility, Water &
    Energy, Monitoring & Testing.


    Press release - Grontmij announces comprehensive financial solution:
    http://hugin.info/143540/R/1592730/500960.pdf


    This announcement is distributed by Thomson Reuters on behalf of
    Thomson Reuters clients. The owner of this announcement warrants that:
    (i) the releases contained herein are protected by copyright and
    other applicable laws; and
    (ii) they are solely responsible for the content, accuracy and
    originality of the information contained therein.

    Source: GRONTMIJ N.V. via Thomson Reuters ONE

    [HUG#1592730]

    Wertpapiere des Artikels:
    NL0000853034



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    Grontmij announces comprehensive financial solution De Bilt, 9 March 2012 - Grontmij N.V. today announces a comprehensive financial solution that has been agreed upon with its banks and certain major shareholders. In order to obtain sufficient financial flexibility and to enable Grontmij to focus on …