DGAP-News: Nanogate Successfully Places Promissory Note Loan and Optimizes Corporate Financing

Nanogate Successfully Places Promissory Note Loan and Optimizes Corporate Financing

- Strong market interest and clear oversubscription

- Cash inflow of EUR 50 million through promissory note loan

- Corporate financing becomes more diversified and flexible

Göttelborn, Germany, June 21, 2018. Nanogate SE, a leading global specialist for design-oriented high-tech surfaces and components, has optimized its financial structure and achieved a cash inflow of EUR 50 million as part of the successful placement of a promissory note loan (Schuldscheindarlehen) with various tranches. The issue was significantly oversubscribed. Nanogate profits here from its "investment-grade" creditworthiness. The inflow of funds will primarily be used to refinance the existing liabilities and for growth financing.

As part of the restructuring, Nanogate is securing the currently favorable interest rates and diversifying the Group's overall financing structure. Altogether, different promissory note tranches with terms of three, five and seven years and with variable or fixed interest rates were offered. The promissory note loan was placed with numerous institutional investors. The Landesbank Baden-Württemberg (Stuttgart) accompanied the transaction as the sole lead manager. Nanogate's existing house banks, BGL BNP Paribas (Luxembourg) and SaarLB (Saarbrücken), also participated. Under the leadership of BGL BNP Paribas as lead arranger, together with SaarLB as co-arranger, and with the participation of the Landesbank Baden-Württemberg, Nanogate structured in parallel a new syndicated loan. It includes, among other things, a flexible revolving line of credit amounting to EUR 25 million, with a term of up to seven years.

Ralf Zastrau, CEO of Nanogate SE, said, "Nanogate has laid a substantial foundation for corporate development by issuing several tranches of promissory note loans and with new syndicated financing. The fact that our company has achieved investment-grade status confirms our good positioning. The high level of investor interest and the attractive conditions for Nanogate are also proof of our good operational development and our strategic orientation. The share's appeal can also be seen in the free float, which has grown further in recent months."

Daniel Seibert, CFO of Nanogate SE, said, "The goal is to ensure growth financing and to refinance existing liabilities. We were able to make the new corporate financing equally affordable and flexible. Notwithstanding the increase in debt financing, we are continuing to pay attention to equity capital adequacy."
Contact
Christian Dose
Financial Press and Investors
WMP Finanzkommunikation GmbH
Tel. +49 69 57 70 300 21
nanogate@wmp-ag.de
 
Juliane Wernet
Nanogate SE
Zum Schacht 3
66287 Göttelborn | Germany
Tel. +49 6825 9591 223
juliane.wernet@nanogate.com

www.nanogate.com
twitter.com/nanogate_se
 

Nanogate SE

Nanogate (ISIN DE000A0JKHC9) is a leading global specialist for design-oriented high-tech surfaces and components of very high optical quality. The Group employs around 1,500 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic with its own production facilities.

True to its slogan "A world of new surfaces", Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for its target industries, which are the automotive, aviation, home appliances, interior, leisure, and medical sectors. As a systems provider, Nanogate offers the entire value chain materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets, the development of new applications, particularly for the strategic areas of glass-like (N-Glaze) and metallized (N-Metals) surfaces, as well as external growth.

Disclaimer

This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public.