Corporate Financing

Sustainable growth, entry of new markets and the development of new products are just a few of the topics that are important to SAF-HOLLAND. SAF-HOLLAND makes use of diverse financing sources. You can find an overview of the most recent corporate financing measures here. With the issuing of a promissory note loan, SAF-HOLLAND has also successfully tapped into the promissory note loan market. 

 

2011

  • Capital increase to 41.2 million shares (from 20.7 million)

 

2012

  • Capital increase to 45.4 million shares (from 41.2 million)
  • Placement of a corporate bond with an emission volume of EUR 75 million, maturity in April 2018 and a coupon of 7.00% p.a. with annual payment

2014

  • Placement of a convertible bond with an emission volume of EUR 100.2 million, maturity in September 2020 and a coupon of 1.00% p.a. with semi-annual payment and a conversion bonus of 20% 

 

2015

  • Placement of a promissory note loan with an emission volume of EUR 200 million, maturity of EUR 140 million in November 2020, EUR 17 million in November 2022 and EUR 43 million in November 2025  

Current Financing Structure

Corporate Bond
EUR 75 million

(due 04/2018)

(Coupon: 7% p.a., denomination: EUR 1,000, payment interval: annualy)

 

Revolving Credit lines 
EUR 159 million

(due 10/2021 with option of renewal until 10/2022)

 

Convertible Bond
EUR 100 million

(Interest coupon: 1%, payment interval: semi-annualy)

(due 09/2020)

 

Promissory note loan
EUR 200 million

(EUR 140 million due 11/2020, EUR 17 million due 11/2022, EUR 43 million due 11/2025)

 

Non-current loan
EUR 50 million

(due 06/2026)

 

As of March 31, 2017