Core Insights - gategroup Holding AG successfully upsized and repriced its Term Loan B facilities, increasing its euro-denominated facility by EUR 215 million and its U.S. dollar-denominated facility by USD 75 million, enhancing liquidity and financial flexibility for long-term growth [1][2] Group 1: Financial Performance - The transaction experienced strong investor demand, leading to a margin reduction of 75 basis points to 350 basis points, which was better than initially expected [2] - gategroup maintains a well-balanced capital structure and strong liquidity position, allowing the company to execute its growth strategy and address upcoming debt maturities efficiently [3] Group 2: Company Overview - gategroup is a global leader in airline catering, retail-on-board, and hospitality products and services, operating over 200 units in more than 60 countries [4]

gategroup Holding AG and its subsidiaries (together "gategroup") are announcing that they have priced a EUR 675 million term loan, a USD 500 million term loan and a multicurrency revolving credit facility in an amount of CHF 300 million (the “New Financing”). The key terms of the New Financing are as follows: CurrencyEUR USD MulticurrencyAmount675 million500 millionCHF 300 million Borrower(s) gategroup Finance International S.à.r.l (Luxembourg)gategroup Finance International S.à.r.l (Luxembourg) and gategro ...

Ad hoc announcement pursuant to Art. 53 of the SIX Swiss Exchange Listing Rules gategroup announces launch of syndication for new term loan financing May 15, 2025 gategroup Holding AG and its subsidiaries (together "gategroup") is announcing that it is launching a syndication in the institutional loan market of proposed new senior secured term loan Bs. In connection with the financing, gategroup also expects to enter into a new revolving credit facility in an amount of approx. CHF 300 million (equivalent) ...