DGAP-Adhoc 549 0 Kommentare PCF GmbH: Launch of Refinancing

DGAP-Ad-hoc: PCF GmbH / Key word(s): Financing

PCF GmbH: Launch of Refinancing

20-March-2017 / 09:24 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

PCF GmbH herewith informs, that the parent company Pfleiderer Group S.A. has today published the following Current Report No. 17/2017:

"Further to current report no. 13/2017, Pfleiderer Group S.A. (together with its subsidiary PCF GmbH, "Pfleiderer") announces that they mandated Credit Suisse International, Deutsche Bank AG, London Branch and Goldman Sachs Bank USA as Mandated Lead Arrangers and Joint Bookrunners to arrange EUR450.0 million senior secured credit facilities (the "Facilities") comprising (i) a EUR350.0 million 7-year covenant-lite term loan B facility and (ii) a EUR100.0 million 5-year revolving credit facility. The proceeds from the Facilities are intended to be used to redeem the existing EUR321,684,000 7.875% senior secured notes issued by PCF GmbH (formerly Pfleiderer GmbH) ("Notes"), to refinance the existing senior secured revolving credit facility and to fund related transaction fees, redemption premium and expenses as well as general corporate purposes and working capital requirements.

Subject to the Facilities being completed, Pfleiderer currently intends the redemption of the Notes to occur on or after August 1, 2017 at a redemption price of 101.969%.

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This report was prepared pursuant to Article 17 Section 1 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and on repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (OJ EU L 173/1 dated June 12, 2014).

March 20, 2017"

20-March-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:	English
Company:	PCF GmbH
	Ingolstädter Str. 51
	92318 Neumarkt
	Germany
Phone:	09181-28-0
Fax:	09181-28-482
E-mail:	info@pfleiderer.com
Internet:	www.pfleiderer.com
ISIN:	DE000A12T176, DE000A12T184
WKN:	A12T17, A12T18
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Open Market in Frankfurt