DGAP-News: Braas Monier Building Group S.A. announces completion of refinancing

Braas Monier Building Group S.A. announces completion of refinancing

DGAP-News: Braas Monier Building Group S.A. / Schlagwort(e): Finanzierung

Braas Monier Building Group S.A. announces completion of refinancing

15.06.2016 / 13:48

Für den Inhalt der Mitteilung ist der Emittent verantwortlich.

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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR

INTO AUSTRALIA, CANADA, JAPAN OR IN ANY OTHER JURISDICTION WHERE IT IS

UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

Braas Monier Building Group S.A. announces completion of refinancing

Luxembourg, 15 June 2016. Braas Monier Building Group S.A. ("Braas Monier")

announced that it has completed its refinancing, including the issuance of

EUR435.0 million Senior Secured Notes with a coupon of 3.00% per annum and

a new Revolving Credit Facility of EUR200.0 million. Both instruments are

due 2021. The proceeds, together with available cash, will be used to (i)

fully repay all the credit facilities under the existing senior facilities

agreement dated 9 April 2014 (ii) redeem in full its EUR315.0 million

Senior Secured Floating Rate Notes due 2020 (the "Former Notes"), (iii)

fund payments in respect of certain hedging agreements and (iv) pay certain

fees and expenses incurred in connection with the refinancing.

Braas Monier also announced that its subsidiary, BMBG Bond Finance S.C.A.,

has thus raised sufficient funds, together with available cash, to (i) pay

and discharge the redemption price of, and accrued interest and any

additional amounts, payable on the Former Notes, (ii) repay all the credit

facilities under its credit facilities agreement dated 9 April 2014 and

(iii) and pay all related expenses. As such, the Refinancing Condition

(stated in the notice of redemption issued on 6 June 2016 in respect of the

Former Notes) has been satisfied, and the redemption of the Former Notes

will occur on 16 June 2016.

For further information, please contact:

Achim Schreck

Director Group Communications / Investor Relations

Braas Monier Building Group

Tel: +49 6171 61 28 59

E-mail: achim.schreck@monier.com

Website: www.braas-monier.com

DISCLAIMER

This announcement does not constitute an offer to sell or the solicitation

of an offer to buy the notes, nor shall it constitute an offer,

solicitation or sale in any jurisdiction in which such offer, solicitation

or sale would be unlawful. There will be no public offering of the notes.

The notes are being offered only to qualified institutional buyers pursuant

to Rule 144A under the U.S. Securities Act of 1933, as amended (the

"Securities Act") and outside the United States pursuant to Regulation S

under the Securities Act. The notes being offered have not been registered

under the Securities Act or the securities laws of any other jurisdiction

and may not be offered or sold in the United States absent registration or

unless pursuant to an applicable exemption from the registration

requirements of the Securities Act and any other applicable securities

laws.

This announcement does not constitute and shall not, in any circumstances,

constitute a public offering nor an invitation to the public in connection

with any offer within the meaning of the Directive 2010/73/EU of the

Parliament and Council of November 4, 2003 as implemented by the Member

States of the European Economic Area (the "Prospectus Directive"). The

offer and sale of the notes will be made pursuant to an exemption under the

Prospectus Directive, as implemented in Member States of the European

Economic Area, from the requirement to produce a prospectus for offers of

securities.

This press release may include "forward -looking statements" within the

meaning of Section 27A of the Securities Act and Section 21E of the

Securities Exchange Act of 1934, as amended. Statements in this release

which are not historical facts are forward-looking statements. By their

nature, forward looking statements involve risks and uncertainties because

they relate to events and depend on circumstances that may or may not occur

in the future. All forward-looking statements involve risks and

uncertainties which could affect Braas Monier Building Group S.A.'s actual

results and could cause its actual results to differ materially from those

expressed in any forward looking statements made by, or on behalf of, Braas

Monier Building Group S.A.

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15.06.2016 Veröffentlichung einer Corporate News/Finanznachricht,

übermittelt durch DGAP - ein Service der EQS Group AG.

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Medienarchiv unter http://www.dgap.de

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Sprache: Deutsch

Unternehmen: Braas Monier Building Group S.A.

4, rue Lou Hemmer

1748 Senningerberg

Großherzogtum Luxemburg

Internet: www.braas-monier.com

ISIN: LU1075065190

WKN: BMSA01

Indizes: SDAX

Börsen: Regulierter Markt in Frankfurt (Prime Standard);

Freiverkehr in Berlin, Düsseldorf, München, Stuttgart,

Tradegate Exchange

Ende der Mitteilung DGAP News-Service

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471671 15.06.2016