EQS-Adhoc: R-LOGITECH is concluding financing terms with a consortium of investors and as a precaution, calls noteholder meeting to extend the maturity of its notes 2018/23 by up to three months

R-LOGITECH is concluding financing terms with a consortium of investors and as a precaution, calls noteholder meeting to extend the maturity of its notes 2018/23 by up to three months

Monaco, February 20, 2023 – R-LOGITECH Group, advised by investment bank Perella Weinberg Partners (PWP), is concluding terms with a consortium of investors in order to redeem secured loans at the subsidiary level of the Group, as well as to source additional funding towards the financing of the upcoming maturity of the Notes (2018/2023). The Group and PWP expect to finalise this process within the next four weeks.

As a precautionary measure, R-LOGITECH is asking the Noteholders to extend the maturity of the Notes by up to three months, whereas R-LOGITECH shall be entitled to make payments at any time during this additional period.

For the purpose of these amendments, a resolution of the noteholders is required. Therefore, pursuant to the terms and conditions of the Notes (§ 13 (c)), R-LOGITECH invites all noteholders to a voting without meeting in accordance with § 18 of the German Act on Notes (Schuldverschreibungsgesetz (“SchVG”)). The full invitation will be available today in the German Federal Gazette and on R-LOGITECH’s website at www.r-logitech.com under the heading “Investor Area / Noteholder Voting 2018/2023 Notes”.

For further information:
Brunswick
Patrick Handley, Tom Pigott
+44 (0) 20 7404 5959

Better Orange IR & HV AG
Frank Ostermair, Linh Chung
+49 (0) 89 8896906 25
linh.chung@better-orange.de

R-LOGITECH S.A.M.
Frédéric Platini
investorrelations@r-logitech.com

1563917  20-Feb-2023 CET/CEST