13.05.2024 13:15:27 - dpa-AFX: EQS-News: Booster Precision Components GmbH investigates the possibility to issue subsequent senior secured callable bonds under its existing framework with ISIN NO0012713520 and initiates a written procedure (english)

Booster Precision Components GmbH investigates the possibility to issue
subsequent senior secured callable bonds under its existing framework with ISIN
NO0012713520 and initiates a written procedure

EQS-News: BOOSTER Precision Components GmbH / Key word(s): Bond
Booster Precision Components GmbH investigates the possibility to issue
subsequent senior secured callable bonds under its existing framework with
ISIN NO0012713520 and initiates a written procedure

13.05.2024 / 13:15 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Booster Precision Components GmbH investigates the possibility to issue
subsequent senior secured callable bonds under its existing framework with
ISIN NO0012713520 and initiates a written procedure

Frankfurt a. M., 13 May 2024 - Booster Precision Components GmbH (the
"Company"
and together with its subsidiaries from time to time, the "Group") hereby
announces that it has mandated Pareto Securities AS, Frankfurt Branch as
sole bookrunner to investigate the possibility of issuing subsequent senior
secured callable bonds in an amount of EUR 18 million under the Company's
bond framework with ISIN NO0012713520 due 2026 (the "Bonds" or the "Bond
Issue"). Subject to, inter alia, market conditions, a bond issue may follow.
The proceeds from the Bond Issue will be applied towards financing (i) the
repayment of subordinated loans, including payment of any break costs,
redemption premiums and accrued but unpaid interest and (ii) any costs
relating to the Written Procedure (as defined below).

In connection with the Bond Issue, the Company has instructed the agent for
the Bonds to initiate a written procedure to request the bondholders to vote
in favour of, amongst other things, the Company using the proceeds from the
Bond Issue to repay certain subordinated loans in an amount of EUR
15,000,000 which the Company is restricted from repaying pursuant to the
terms and conditions for the Bonds (the "Proposal") (the "Written
Procedure").
As compensation to bondholders for voting in favour of the Proposal, the
Company will pay a consent fee in an amount equal to 1.00 per cent of the
nominal amount of each Bond, subject to the conditions set out in the notice
to the Written Procedure.

The Company has received undertakings to vote in favour of the proposal in
the Written Procedure by holders representing more than 60 per cent of the
outstanding nominal amount under the Bonds.

The notice to the Written Procedure will be delivered to all bondholders
through the CSD on 14 May 2024 and will also be available on the Company's
investor website (
https://booster-precision.com/en/investor-relations/bond.html). To be
eligible to vote in the Written Procedure, a person must be registered as a
Bondholder on 16 May 2024. The last day for voting in the written procedure
is 28 May 2024.

For further information, please contact:
Dr. Ralph Wagner, Managing Director and Chief Financial Officer, Booster
Precision Components GmbH
E-mail: ralph.wagner@booster-precision.com

This information is information that the Company is obliged to make public
pursuant to the EU Market Abuse Regulation (596/2014/EU). The information
was submitted for publication, through the agency of the contact person set
out above, at 13:15 CEST on 13 May 2024.


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13.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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   Language:       English
   Company:        BOOSTER Precision Components GmbH
                   Bockenheimer Landstraße 93
                   60325 Frankfurt am Main
                   Germany
   Internet:       https://www.booster-precision.com/
   ISIN:           NO0012713520
   WKN:            A30V3Z
   Listed:         Regulated Unofficial Market in Frankfurt; FNSE
   EQS News ID:    1901575




End of News EQS News Service
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1901575 13.05.2024 CET/CEST

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