DGAP-News: Vossloh Aktiengesellschaft: Vossloh issues 7-year Schuldschein loan with fixed interest rate of 0.8 percent per year

Vossloh issues 7-year Schuldschein loan with fixed interest rate of 0.8 percent per year

• Transaction of €25 million significantly oversubscribed
• Attractive interest rate due to substantially improved balance sheet structure

Werdohl, January 12, 2022. Vossloh AG has successfully issued a Schuldschein loan with a volume of €25 million by way of a private placement. The transaction was significantly oversubscribed. The Schuldschein loan has a term of seven years with a fixed interest rate of 0.8 percent per year. Vossloh is using the funds to prematurely redeem a floating-rate Schuldschein loan in the same amount with an original term until July 2024, which had a minimum interest rate of 1.2 percent per year. With this transaction, Vossloh AG secures attractive long-term conditions, reduces its financing costs and diversifies the maturity profile of the debt capital.

"We have achieved a lot in the last two years. We have strongly improved our balance sheet structure on the one hand through the sustainability-linked hybrid note successfully placed in 2021 and on the other hand through the continuous increase in operating profitability. This is now reflected in the very attractive conditions at which we were able to place our Schuldschein loan and underlines the strong confidence of the financial market in our company. We will consistently follow the path we have taken and we are confident to reach our medium- and long-term Group targets," explains Dr. Thomas Triska, CFO of Vossloh AG.

Landesbank Hessen-Thüringen arranged the transaction and is also operating as paying agent.

Contact information for the media:
Andreas Friedemann (Kirchhoff Consult AG)
Phone: +49 (0) 2392 52-608
Email: presse@vossloh.com

Contact information for investors:
Dr. Daniel Gavranovic
Phone: +49 (0) 2392 52-609
Email: investor.relations@vossloh.com

Vossloh is a globally active technology Group dedicated for over 135 years to quality, safety, reliability, innovation and a focus on the customer. Vossloh's comprehensive range of track-related products and services make the company a leader in the global market in this area. Vossloh provides a uniquely wide range of services: rail fastening systems, concrete ties, switch systems and crossings as well as innovative and increasingly digital-based services for the entire lifecycle of rails and switches. Vossloh uses its extensive understanding of rail infrastructure to meet the key customer need of track network availability.
Vossloh products are in use in more than 85 countries. With close to 80 Group companies in around 30 countries and over 35 production sites, Vossloh is a global company with a local presence. Vossloh is committed to sustainable governance and climate protection and makes an important contribution to sustainable passenger and freight mobility with its products and services.
The Group activities are organized into the three divisions of Core Components, Customized Modules and Lifecycle Solutions. In the 2020 fiscal year, Vossloh achieved sales of about €870 million with approximately 3,500 employees.

Vossloh AG * Vosslohstrasse 4 * 58791 Werdohl, Germany * Telephone +49 (0) 239 252-0 * Fax +49 (0) 239 252-538 * www.vossloh.com
Company headquarters: Werdohl, Germany * Commercial register: Local court of Iserlohn HRB 5292
Chairman of the Supervisory Board: Prof. Dr. Rüdiger Grube
Executive Board: Oliver Schuster (CEO) * Dr. Thomas Triska * Jan Furnivall