Gouda - Imtech (IM-AE, technical services provider in Europe) announces that it
has reached substantive agreement with international investors on a USD 300
million private placement of senior notes (in different currencies) by Imtech
Capital B.V. guaranteed by Imtech N.V. With this placement Imtech diversifies
its funding structure.
Imtech intends to use the net proceeds to refinance existing debt and for other
general corporate purposes. The issue will be composed of tranches aggregating
USD 186 million, EUR 25 million and GBP 50 million with 5 to 12 year maturities.
Imtech Capital B.V. is a wholly-owned finance subsidiary of Imtech N.V. Imtech
N.V. expects to sign the transaction documentation, and issue the notes, on 15
Media: Analysts & investors:
Pieter Koenders Jeroen Leenaers
Director Corporate Communications Manager Investor Relations
T: +31 655 74 65 85 T: +31 182 54 35 04
Imtech N.V. is a European technical services provider in the fields of
electrical solutions, ICT (information and communication technology) and
mechanical solutions. With more than 27,000 employees, Imtech achieves annual
revenue of around 4.5 billion euro. Imtech holds strong positions in the
buildings and industry markets in the Netherlands, Belgium, Luxembourg, Germany,
Austria, Eastern Europe, Sweden, Norway, Finland, the UK, Ireland and Spain, the
European markets of ICT and Traffic as well as in the global marine market. In
total Imtech serves 21,000 customers. Imtech offers added value with integrated
and multidisciplinary total solutions that lead to better business processes and
more efficiency for customers and the customers they, in their turn, serve.
Imtech also offers solutions that contribute towards a sustainable society, for
example in the areas of energy, the environment, water and mobility. Imtech
shares are listed on the NYSE Euronext Amsterdam, where Imtech is included in
the Midkap Index. Imtech shares are also included in the Dow Jones STOXX 600
index. Per February 2011 Imtech has been granted the designation Royal.
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Source: Imtech N.V. via Thomson Reuters ONE