dorma+kaba secures CHF 500 million syndicated loan

dorma+kaba secures CHF 500 million syndicated loan

The dorma+kaba Group has secured a CHF 500 million five-year syndicated loan from a banking consortium led by the Zürcher Kantonalbank. The financing facility includes standard increase and renewal options. The funds will give the dorma+kaba Group further financial flexibility and allow it to refinance existing bilateral credit lines.

“With this loan, we are pleased to have achieved a further milestone for the future of the dorma+kaba Group so shortly after the merger of Dorma and Kaba on 1 September 2015”, says Bernd Brinker, CFO of the dorma + kaba Group.

The syndicated loan has been provided by a banking consortium including Commerzbank Aktiengesellschaft, Luxemburg branch, Credit Suisse AG, Deutsche Bank Luxembourg S.A., UBS Switzerland AG and Zürcher Kantonalbank.

Download media release 30-03-16-dorma-kaba-secures-chf-500-million-syndicated-loan.pdf - 157 KB
Siegfried Schwirzer
Siegfried Schwirzer Head of Investor Relations
Martin Bahnmueller
Martin Bahnmueller DVP Group Communications / Press Officer Group
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