Meyer Burger extends bridge facility and proceeds with strategic M&A process
- Meyer Burger extends bridge facility to Feb 21, 2025.
- Strategic M&A process with interested parties ongoing.
- Focus on value and financing for binding proposals.
Meyer Burger Technology AG / Key word(s): Financing Ad hoc announcement pursuant to Art. 53 LR |
Thun, Switzerland – February 14, 2025
Meyer Burger extends bridge facility and proceeds with strategic M&A process
Meyer Burger Technology AG (collectively with its subsidiaries, “Meyer Burger”) today announces the signing of a further amendment to the bridge facility agreement (the “Facility”) provided by an ad hoc group of bondholders and originally announced on December 6, 2024. Among other points, the amendment extends the maturity date of the Facility to February 21, 2025, subject to further extensions upon unanimous consent.
In its ongoing strategic M&A process, Meyer Burger is proceeding with select interested parties that have provided indicative proposals to progress toward binding proposals as soon as possible. Given that the maturity of the Facility is February 21, 2025, Meyer Burger will consider both value and the ability to deliver a fully financed transaction when reviewing proposals.
Media contacts:
Meyer Burger Technology AG
Anne Schneider
Head Corporate Communications
M. +49 174 349 17 90
anne.schneider@meyerburger.com
Alexandre Müller
Investor Relations
M. +41 43 268 3231
alexandre.mueller@meyerburger.com
FORWARD LOOKING STATEMENTS:
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