Core Viewpoint - gategroup Holding AG has announced the pricing of new financing totaling EUR 675 million, USD 500 million, and CHF 300 million, aimed at refinancing existing loans and supporting general corporate purposes [1][3]. Financing Details - The new financing includes a EUR 675 million term loan, a USD 500 million term loan, and a CHF 300 million multicurrency revolving credit facility [1][2]. - The maturity for both the EUR and USD term loans is set at 7 years, while the multicurrency facility has a maturity of 6.5 years [2]. - The opening margin for the EUR and USD loans is E +425 basis points per annum and S +425 basis points per annum, respectively, with the multicurrency facility at +350 basis points per annum [2]. - The issue price for the EUR and USD loans is 99.5, while the multicurrency facility is priced at 100.0 [2]. Purpose of Financing - Proceeds from the new financing will be used to refinance existing loans, including a EUR 250 million term loan A and a EUR 415 million revolving credit facility, as well as to pay accrued interest, transaction fees, and for general corporate purposes [3]. Credit Rating Impact - gategroup anticipates an upgrade of its corporate credit rating to B2 (stable) / B+ (stable) upon the closing of the new financing [4]. - The closing of the new financing is expected to occur within the coming weeks [4]. Company Overview - gategroup is a global leader in airline catering, retail-on-board, and hospitality products and services, headquartered in Zurich, Switzerland [5]. - The company operates over 200 units in more than 60 countries, providing superior culinary and retail experiences through innovation and advanced technology solutions [5].