➔ Refinancing of the syndicated loan agreement successfully completed
➔ Financing secures investment and growth plans
➔ New agreement improves flexibility and financing terms
➔ The oversubscription of commitments underscores the financing partners’ confidence in Heckler & Koch

Heckler & Koch has successfully completed the refinancing of its syndicated loan agree-ment. The new syndicated loan agreement strengthens the company’s financial flexibility and paves the way for further growth and the consistent implementation of its investment strategy.
The new syndicated loan agreement with a banking consortium led by Commerzbank and UniCredit, and supported by Nord/LB, DZ Bank and Raiffeisenlandesbank Oberöster-reich, completely replaces the previous financing structure and markedly improves the conditions for Heckler & Koch. In particular, the previous collateral requirements for the loan agreement no longer apply. Furthermore, existing restrictions on specified transac-tions – such as dividend payments or corporate acquisitions – have been considerably reduced. This gives the company additional operational flexibility whilst simultaneously increasing its financial independence.

In addition, the terms of the new syndicated loan agreement have been significantly im-proved. This will have a positive impact on the Group’s net interest income.

The interest shown by the participating banks far exceeded the actual financing volume required. This underscores the strong confidence of the financing partners in Heckler & Koch’s business performance, as well as the company’s strong position in the capital market.

“The successful refinancing is an important milestone for Heckler & Koch. It strengthens our financial flexibility and lays the foundation for consistently driving forward our growth and investment plans. The strong confidence of our financing partners also confirms the very positive development of our company in recent years,” says Chief Financial Officer Andreas Schnautz.