EP Infrastructure, a.s. successfully signs new term and revolving facilities agreement, aiming at refinancing of some of its bank indebtedness and increasing flexibility

20. 1. 2020

On 14 January 2020,  EP Infrastructure, a.s. (“EPIF”) signed a new EUR 800 million term and revolving facilities agreement. The facilities, consisting of EUR 400 million term loan and revolving credit facility of the same value are unsecured and rank pari passu with other financial indebtedness of EPIF and have a 5 year term.

EPIF intends to use the proceeds from the new facilities to fully refinance existing bank debt at its level.

Gary Mazzotti, vice chairman of the board of directors of EPIF, stated: “The ability of EPIF to secure new sources enables to meet our financing strategy of continuous extension of our tenors while optimizing interest costs.  As part of the agreement, EPIF has also achieved upsizing of its revolving credit facility from EUR 250 million to EUR 400 million which provides for enhanced flexibility.

Banca IMI S.p.A. London Branch, Bank of China (Hungary) Close Ltd., acting through Bank of China (Hungary) Close Ltd. Prague branch, odštěpný závod, Citi, COMMERZBANK Aktiengesellschaft, acting through COMMERZBANK Aktiengesellschaft, pobočka Praha, Česká spořitelna, a.s., Československá obchodná banka, a. s., Československá obchodní banka, a.s., HSBC France acting through HSBC Czech Republic, Industrial and Commercial Bank of China (Europe) S.A. Poland Branch, Industrial and Commercial Bank of China Limited, acting through Industrial and Commercial Bank of China Limited Prague Branch, odštěpný závod, ING Bank N.V., acting through its Prague branch, Komerční banka, a.s., Raiffeisenbank a.s., Raiffeisenlandesbank Oberösterreich Aktiengesellschaft, Raiffeisen Bank International AG, Slovenská sporiteľňa, a.s., SMBC Bank EU AG, Tatra banka a.s. and UniCredit Bank Czech Republic and Slovakia, a.s. acted as mandated lead arrangers and bookrunners, with UniCredit Bank AG, London Branch acting as Agent.

EP Infrastructure, a.s. is an issuer of the following notes:

€750,000,000 1.659% Senior Notes due 2024, ISIN: XS1811024543
€600,000,000 1.698% Senior Notes due 2026, ISIN: XS2034622048
€500,000,000 2.045% Senior Notes due 2028, ISIN: XS2062490649

Filip Bělák
Investor Relations
EP Infrastructure, a.s.
Pařížská 130/26, 110 00 Praha 1
T: +420 232 005 200
F: +420 232 005 400

Cautionary Statement

This press release is for information purposes only and does not constitute a prospectus or any offer to sell or the solicitation of an offer to buy any security in the United States of America or in any other jurisdiction.  No securities have been registered under the U.S. Securities Act of 1933, as amended (the “Act”), and no securities may be offered or sold in the United States or to a U.S. person absent registration or an applicable exemption from the registration requirements under the Act.