Nemetschek Group Successfully Debuts with First Schuldschein
- Completion of a Schuldschein loan of 300 million euros
- Order book multiple times oversubscribed
- Originally planned volume doubled
Munich, December 9, 2024 – The Nemetschek Group (ISIN DE 0006452907), a globally operating provider of software solutions for the construction and media industries, has issued the first Schuldschein in the company's history.
The transaction received very high demand from domestic and foreign investors and was multiple times oversubscribed. Due to the strong investor demand, the originally targeted volume of 150 million euros was doubled to 300 million euros. The oversubscription underscores investors' confidence in the financial strength of the Nemetschek Group.
"The successful placement of the Schuldschein loan at attractive conditions at the lower end of the marketing range confirms the great trust that investors have in our strong business model, solid financial position, and future prospects," said Louise Öfverström, CFO of the Nemetschek Group. "The funds will be used to repay financing that Nemetschek had taken out earlier this year in the course of the acquisition of all shares of GoCanvas Holdings, Inc."
The Schuldschein loan was issued in tranches with maturities of 3 and 5 years. This successful transaction contributes to the further diversification of the Nemetschek Group's financing sources, thereby strengthening its financial flexibility.
Nemetschek SE was supported in this transaction by BayernLB and UniCredit Bank GmbH.
