DGAP-News: TOM TAILOR Holding AG / Key word(s): Miscellaneous TOM TAILOR Holding AG issues first borrower's note loan of EUR 80 million 05.06.2013 / 08:00 --------------------------------------------------------------------- - Early refinancing of short-term credit line from BONITA acquisition in 2012 - Reinforcement of long-term financing Hamburg, 5 June 2013. TOM TAILOR Holding AG has issued its first borrower's note loan in order to refinance a part of the liabilities arising from the BONITA acquisition earlier than planned. The borrower's note loan comprises a total volume of EUR 80 million and was primarily placed with institutional investors in Germany and Europe. 'Considering the currently favorable interest rate environment, we have decided for an early refinancing of a part of our short-term credit line from the BONITA acquisition and to issue a borrower's note loan. We are very pleased with the success of this primary issuance, which was heavily oversubscribed. Thereby our financing has gained a stronger long-term focus and we are well positioned to continue our course for accelerated growth,' said Dr Axel Rebien, Chief Financial Officer of TOM TAILOR Holding AG. The borrower's note loan consists of three tranches with maturities of 2.6, 3.6 and 5 years and is endowed with both fixed and variable interest rates. The outstanding interest rates to be paid reflect the currently favorable interest rate level and lie within the scope of the previous rates paid. The Landesbank Baden-Württemberg and the UniCredit Bank AG managed the emission as joint book runners. HSH Nordbank was the co-arranger. About TOM TAILOR GROUP The TOM TAILOR GROUP is an international fashion and lifestyle company offering stylish casual wear and accessories in the medium price range through its umbrella brands TOM TAILOR and BONITA. The TOM TAILOR umbrella brand comprises the brands TOM TAILOR, TOM TAILOR Denim and TOM TAILOR POLO TEAM. Its collections are aimed at customers aged between 0 and 40 and are marketed in more than 35 countries via its wholesale and retail segments. BONITA, one of Germany's leading fashion brand producers and retailers, has been a part of the TOM TAILOR GROUP since August 2012. BONITA sells mens- and womenswear collections for the over-40 age group. In the 2012 financial year, the TOM TAILOR GROUP reported sales of EUR 629.7 million, of which EUR 153.9 million was generated by BONITA. The Group has approximately 1,300 own stores in the retail segment. 982 of these are BONITA and BONITA men stores, and 315 are TOM TAILOR stores. The TOM TAILOR brand is also sold via retail partners. At the end of March 2013, these comprised 177 franchise stores, 2,065 shop-in-shops and around 6,300 multi-label points of sale. Further information is also available at www.tom-tailor-group.com and www.bonita.eu Media and investor contact Dr Andrea Rolvering Head of Investor Relations & Corporate Communications TOM TAILOR GROUP Phone: +49 (0) 40 58956-429 Fax: +49 (0) 40 58956-199 Email: andrea.rolvering@tom-tailor.com Erika Kirsten Corporate Communications TOM TAILOR GROUP Phone: +49 (0) 40 58956-420 Fax: +49 (0) 40 58956-199 Email: erika.kirsten@tom-tailor.com End of Corporate News --------------------------------------------------------------------- 05.06.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: TOM TAILOR Holding AG Garstedter Weg 14 22453 Hamburg Germany Phone: +49 (0) 40 589 56 0 Fax: +49 (0) 40 589 56 398 E-mail: info@tom-tailor.com Internet: www.tom-tailor-group.com ISIN: DE000A0STST2 WKN: A0STST Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard), Hamburg; Freiverkehr in Berlin, Düsseldorf, Hannover, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 214870 05.06.2013
DGAP-News: TOM TAILOR Holding AG issues first borrower's note loan of EUR 80 million
| Source: EQS Group AG