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21st Austria weekly - FACC AT&S 30/12/2021 [pic1]FACC: The expected one-off effects on the financial and earnings development of Group due to ruling a London arbitration court in connection with claims supplier required an adjustment contractual terms existing syndicated loan total volume Euro 285 mn distributed among seven banks maturity until August 29th 2023. focus was covenant net debt/EBITDA which is tested every six months last adjusted by amendment agreement December 18th 2020 as result Corona crisis. In consensual negotiations calculation covenant adaptation adjustments itself reset were agreed for next test dates. As date June 30th 2023 FACC will return originally debt/EBITDA. AT&S: SteadySense ....
21st Austria weekly - FACC AT&S 30/12/2021 [pic1]FACC: The expected one-off effects on the financial and earnings development of Group due to ruling a London arbitration court in connection with claims supplier required an adjustment contractual terms existing syndicated loan total volume Euro 285 mn distributed among seven banks maturity until August 29th 2023. focus was covenant net debt/EBITDA which is tested every six months last adjusted by amendment agreement December 18th 2020 as result Corona crisis. In consensual negotiations calculation covenant adaptation adjustments itself reset were agreed for next test dates. As date June 30th 2023 FACC will return originally debt/EBITDA. AT&S: SteadySense ....
21st Austria weekly - FACC AT&S 30/12/2021 [pic1]FACC: The expected one-off effects on the financial and earnings development of Group due to ruling a London arbitration court in connection with claims supplier required an adjustment contractual terms existing syndicated loan total volume Euro 285 mn distributed among seven banks maturity until August 29th 2023. focus was covenant net debt/EBITDA which is tested every six months last adjusted by amendment agreement December 18th 2020 as result Corona crisis. In consensual negotiations calculation covenant adaptation adjustments itself reset were agreed for next test dates. As date June 30th 2023 FACC will return originally debt/EBITDA. AT&S: SteadySense ....
21st Austria weekly - FACC AT&S 30/12/2021 [pic1]FACC: The expected one-off effects on the financial and earnings development of Group due to ruling a London arbitration court in connection with claims supplier required an adjustment contractual terms existing syndicated loan total volume Euro 285 mn distributed among seven banks maturity until August 29th 2023. focus was covenant net debt/EBITDA which is tested every six months last adjusted by amendment agreement December 18th 2020 as result Corona crisis. In consensual negotiations calculation covenant adaptation adjustments itself reset were agreed for next test dates. As date June 30th 2023 FACC will return originally debt/EBITDA. AT&S: SteadySense ....