wienerberger secures attractive long-term financing until 2033

• New € 600 million credit facility serves to finance the newly acquired Terreal roofing business and to refinance maturing bond

Vienna – Following the closing of the Terreal acquisition, the largest in the company's 200-year history, wienerberger has successfully arranged a long-term loan facility in the amount of € 600 million. The new loan provides the necessary liquidity to fully refinance a bridge loan drawn at closing of the Terreal transaction as well as the upcoming € 250 million bond 2018-24 maturity in May 2024.

The new loan facility has a term of nine years, was arranged as a club deal with five of wienerberger’s long-standing partner banks and refinanced by Oesterreichische Kontrollbank AG.

Thanks to the professional and constructive cooperation among all stakeholders, the existing bridge financing was replaced by this long-term financing facility just a few weeks after the successful closing of the Terreal acquisition. Against the background of strongly declining interest rate expectations the new loan’s interest rate is still fully variable, a supplementary interest rate hedge will be added depending on the further market development. The new loan facility provides for flexible repayments until 2033 and thus optimizes wienerberger's maturity profile.