AKKA TECHNOLOGIES : AKKA Technologies carries out a EUR 140 million Schuldschein transaction

le
0

AKKA Technologies has successfully placed a Schuldschein-type bond (private placement subject to German law), which was structured and arranged by BayernLB and HSBC.

Strong demand from German and Asian investors prompted the Group to almost double the initial amount of the placement to ¤140 million. AKKA Technologies has strengthened its position as a pioneer in technology consulting by being the first to issue a Schuldschein, just as it was the first to carry out a ¤100 million private bond placement ("Euro PP") in February 2013. The success of these two issues confirm the quality of AKKA Technologies' signature in the credit markets. The issue was heavily oversubscribed by German and Asian investors, indicating their confidence in the Group's strategy and its new international dimension.

The Schuldschein has 2 tranches maturing in 5 and 7 years, with a mix of fixed and variable interest rates and an average financing cost of around 2%. This Schuldschein, which is non-dilutive for shareholders and will not impact the Group's net debt, will reinforce its financial flexibility and diversify its sources of funding. It will also help extend the average maturity of its debt, taking advantage of very attractive market conditions.

In accordance with its medium-term strategic plan, the funds raised will enable the Group to finance the acceleration of its growth in Germany and abroad. This more rapid development will be a combination of higher organic growth and targeted acquisitions, and will enable the Group to consolidate its positioning in Germany and in the new regions where it is present.

"The best way to predict the future is to invent it.
Let's share our passion for technology."

 
AKKA Technologies is an international Group with nearly 11,000 employees working in Europe, America and Asia. Its experts serve in the field of innovation, assisting large manufacturing and tertiary services companies in the full range of their innovation processes and in the lifecycle of their products, from initial studies to the start of large-scale production.
With AKKA Research, the Group boasts its own research centre, dedicated to innovation and the anticipation of future technologies. AKKA Technologies' centres of excellence work throughout Europe on international work packages, offering unique expertise in key areas: Systems Engineering, Product Engineering, Process Engineering, Engineering Support, Embedded and Electronics Systems, Information Systems and Consulting.
 Its ability to carry out large transnational projects, which represent real strategic challenges for its customers, makes AKKA Technologies a key leader in Technology Consulting and Engineering.
After 30 years of growth in the service of innovation, AKKA Technologies, listed in Paris since 2005, today (2013) generates revenue of ¤879 million.
 
AKKA Technologies is listed on EuronextTM Paris - Segment B, ISIN code: FR0004180537
CAC® Small, CAC® Mid & Small, CAC® All-Tradable, CAC® All-Share indices
 
For more information, please visit www.akka.eu

 

AKKA Technologies contacts
 
 
Actus contacts
Nicolas Valtille
Group CFO
 
Tel.: +33 (0)4 78 92 60 83
finances@akka.eu
Amalia Naveira
Analyst/investor relations
 
Tel.: +33 (0)4 72 18 04 97
anaveira@actus.fr
Dov Lévy
Investor Relations & Corporate Development
 
Tel.: +33 (0)1 56 69 26 52
dov.levy@akka.eu
Marie-Claude Triquet
Press Relations
 
Tel.: +33 (0)4 72 18 04 93
mctriquet@actus.fr

Information réglementée
Communiqués au titre de l'obligation d'information permanente :
- Autres communiqués
Communiqué intégral et original au format PDF :
http://www.actusnews.com/documents_communiques/ACTUS-0-37777-AKKA-031114-Emprunt-SSD-GB.pdf

Si le fichier PDF ne s'affiche pas ou pour le télécharger, cliquez ici.

Pour consulter le fichier PDF en intégralité, cliquez ici.

Pour visualiser les documents au format PDF, vous pouvez télécharger gratuitement Acrobat Reader XI.


Valeur associée
  Libellé Bourse Dernier Var. Vol.
Vous devez être membre pour ajouter des commentaires.
Devenez membre, ou connectez-vous.
Aucun commentaire n'est disponible pour l'instant