Rosenbauer secures 330 million euros of refinancing for the future!

Rosenbauer secures 330 million euros of refinancing for the future!

Paschinger Straße 90, 4060 Leonding, Österreich - Rosenbauer International AG has taken a crucial step towards financial stability. According to an ad hoc announcement of December 19, 2024, the company, with its main believers, has agreed fundamental conditions for refinancing in the amount of 330 million euros. This refinancing has a term until December 2027, with the possibility of extending another two years. The agreement stipulates that the existing financial obligations (Covenants) of the multilateral refinancing agreement (MRFV) will be negotiated for the years 2024 to 2027. This was also made by Boerse-Frankfurt.de confirmed.

dividend payments exposed

An essential aspect of the agreement is the suspension of the dividend payments for the financial years 2024 and 2025. This decision is considered necessary in order to strengthen the financial resources within the company, while in parallel, an increase in share capital is aimed at by issuing 3.4 million new shares. These shares, which correspond to 50 % of the existing share capital of Rosenbauer, are to be drawn by Robau Beteiligungswaltungs GmbH and help to consolidate control over the company.

The company plans to carry out the capital increase in the first quarter of 2025. With the final agreement on the syndication of the loan, the MRFV is replaced, which is a decisive step in the restructuring of the financial framework for the coming years, as fireworld.at . This shows that Rosenbauer is determined to remain stable on the market and grows while it tackles its liabilities at the same time