Mutares successfully placed a new secured bond with a volume of EUR 135 million

EQS-Ad-hoc: Mutares SE & Co. KGaA / Key word(s): Bond Mutares successfully placed a new secured bond with a volume of EUR 135 million 06-Sep-2024 / 15:30 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014

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Mutares successfully placed a new secured bond with a volume of EUR 135 million

Munich, 6 September 2024 – The Management Board of Mutares Management SE, the general partner of Mutares SE & Co. KGaA (ISIN: DE000A2NB650) ("Mutares"), today resolved, with the approval of the Supervisory Board, to issue a new senior secured floating rate bond with an initial volume of EUR 135 million and a maturity of 5 years ("Bond").

The Bond bears interest at a rate equal to EURIBOR (three months) plus a margin of 6.25% p.a. and can be increased to a total volume of up to EUR 300 million. The bond is collateralised, among other things, by (i) pledging shares in selected investment vehicles and (ii) assigning intra-group loans. The issue amount of EUR 135 million was successfully placed with institutional investors. In this context, a buyback of the existing 2023/2027 bond (ISIN NO0012530965) up to a volume of EUR 25 million and a price of 106.50% was communicated to investors.

The new bonds will be included under ISIN NO0013325407 in the Regulated Unofficial Market (Freiverkehr) of the Frankfurt Stock Exchange and the Nordic ABM of the Oslo Stock Exchange. The net proceeds accruing to Mutares from the bond issue are to be used mainly for general business purposes and further portfolio growth in the context of international expansion, in particular for the financing of further corporate acquisitions, as well as for the repurchase of bonds, under the existing bond with a volume of up to EUR 25 million.