on Knaus Tabbert AG (isin : DE000A2YN504)
Knaus Tabbert AG Amends Loan Agreement with Syndicate Banks
Knaus Tabbert AG has reached an agreement with its bank syndicate to amend the conditions of its current syndicated loan facility. The updated terms align with Knaus Tabbert's strategic planning for 2025-2027, following validation by FTI-Andersch AG. COMMERZBANK AG heads the syndicate, joined by Norddeutsche Landesbank Girozentrale and Raiffeisenlandesbank Oberösterreich AG Zweigniederlassung Süddeutschland.
Key adjustments concern the financial covenants applicable until June 2027. Consequently, Knaus Tabbert agreed to suspend dividend payments or similar shareholder distributions for 2025 and 2026, without additional approval from the syndicate.
R. P.
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