DGAP-News: Telefónica Deutschland Holding AG: Telefónica Deutschland places a new 750 million euro syndicated financing facility

DGAP-News: Telefónica Deutschland Holding AG / Key word(s): Financing Telefónica Deutschland Holding AG: Telefónica Deutschland places a new 750 million euro syndicated financing facility 23.03.2016 / 08:05 The issuer is solely responsible for the content of this announcement.
Telefónica Deutschland has successfully placed its first syndicated credit facility with an amount of 750 million euros via its subsidiary Telefónica Germany GmbH & Co. OHG. The company signed the corresponding contract on 22 March 2016. The new general-purpose facility has a five-year tenor, which may be extended through to March 2023. It allows Telefónica Deutschland to further diversify its funding profile. Coordinating mandated lead arrangers and bookrunners are BNP Paribas, Commerzbank AG and UniCredit Bank AG. Together with the lead arrangers, the company invited an additional six banks to participate in the new credit facility. The offer was accepted by all banks. The syndication was significantly oversubscribed. After two successful bond issuances in 2013 and 2014 as well as the placement of a promissory note in 2015, the successful placement confirms Telefónica Deutschland's strong capital markets position.
23.03.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English Company: Telefónica Deutschland Holding AG Georg-Brauchle-Ring 23-25 80992 München Germany Phone: +49 (0)89 24 42 0 Internet: www.telefonica.de ISIN: DE000A1J5RX9 WKN: A1J5RX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart; Terminbörse EUREX TecDAX End of News DGAP News Service
448059 23.03.2016