Emeis Finalizes Debt Refinancing to Exit Safeguard Plan

Emeis SA has reached an agreement with its main banking partners and financial investors for refinancing. This deal, if approved, will extend the average debt maturity by 2.5 years, allowing Emeis to exit its accelerated safeguard plan earlier than expected.

The refinancing involves new financing of at least €3.15 billion. It includes term loans of €2.2 billion and €400 million in listed bonds. Additionally, €550 million will be allocated in loans, with specified drawdown dates.

This financial restructuring will repay existing loans totaling €2.9 billion, thereby reshaping Emeis's debt profile. The refinancing is supported by assets of Emeis's subsidiaries, except certain real estate holdings. Emeis continues its asset disposal strategy, particularly in Switzerland, to enhance its financial position.