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09/16/2019 | 19:11 CET/CEST

TOM TAILOR Holding SE / Key word(s): Financing
TOM TAILOR Holding SE about to successfully close financing negotiations

16-Sep-2019 / 19:11 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


TOM TAILOR Holding SE about to successfully close financing negotiations

Hamburg, 16 September 2019. TOM TAILOR Holding SE is about to come to an agreement with the consortium banks and majority shareholder Fosun on the key points of the new financing structure and the associated contributions to be made by the respective parties. In light of the constructive talks of recent weeks, the Management Board of TOM TAILOR Holding SE is working on the assumption that a Term Sheet entered into with the consortium banks will soon be signed and that the contract documentation for the new loan agreement with a duration until end of September 2022 will be finalised by the end of October 2019 at the latest.

Accordingly, the bridge financing agreement between TOM TAILOR Holding SE and the consortium banks was extended today until the end of October 2019. The short-term loan by Fosun has also been extended.

Once the financing agreement has been closed, TOM TAILOR Holding SE also plans to complete and publish the financial statements and consolidated financial statement for 2018. The company will publish further information about the provisional figures for fiscal 2018 after the statements have been completed.


Investor contact
Viona Brandt
Head of Investor Relations
TOM TAILOR Group
Telephone: +49 (0) 40 58956-168
E-mail:viona.brandt@tom-tailor.com

Media contact
Harriet Weiler
Head of Corporate Communications
TOM TAILOR Group
Telephone: +49 (0) 40 58956-168
E-mail: harriet.weiler@tom-tailor.com


16-Sep-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



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