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EQS-News: Delivery Hero SE / Key word(s): Financing
Delivery Hero successfully completes the redenomination of its EUR term loan into South Korean won
2024-05-15 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
Delivery Hero successfully completes the redenomination of its EUR term loan into South Korean won
. Delivery Hero further optimizes its capital structure by successfully redenominating its existing EUR 540
million term facility to South Korean won
. The transaction aligns Delivery Hero's debt currency mix more closely with its cash flow profile
. The amended facility will have a principal amount of KRW 794.0bn and quarterly interest payments based on
a rate equivalent to the CD rate plus 5.00% p.a.
Berlin, 15 May 2024 - Delivery Hero SE ("Delivery Hero" or the "Company"), the world's leading local delivery platform,
today announces the successful redenomination of its existing EUR 540 million term facility to South Korean won,
effective 13 May 2024.
Following the successful syndication of a EUR 540 million term facility announced on 18 March 2024, the Company reached
an agreement with all lenders in this facility to change the currency from euro to South Korean won. The amended
facility will have a principal amount of KRW 794.0 billion. Interest payments will be made quarterly based on a rate
equivalent to the Certificate of Deposit ("CD") rate plus 5.00% p.a. All payments under the facility will be made in US
dollars, with reference to the exchange rate between the US dollar and the South Korean won at the time of the payment.
The maturity of the term facility remains December 2029, in line with existing term facilities.
Emmanuel Thomassin, CFO of Delivery Hero, said: "We are proud to successfully execute such an innovative financing
transaction in the debt capital markets. South Korea is our largest single market, but we had raised limited debt in
local currency until now. Redenominating part of our term facilities to South Korean won allows us to align our debt
currency mix more closely to our cash flows. We are grateful for the continued partnership with our lenders, in
particular the teams at Apollo Global Management and Farallon Capital Europe LLP with whom we collaborated on this
transaction."
Standard Chartered Bank and J.P. Morgan acted as lead arrangers for the transaction.

About Delivery Hero
Delivery Hero is the world's leading local delivery platform, operating its service in around 70 countries across Asia,
Europe, Latin America, the Middle East and North Africa. The Company started as a food delivery service in 2011 and
today runs its own delivery platform on four continents. Additionally, Delivery Hero is pioneering quick commerce, the
next generation of e-commerce, aiming to bring groceries and household goods to customers in under one hour and often
in 20 to 30 minutes. Headquartered in Berlin, Germany, Delivery Hero has been listed on the Frankfurt Stock Exchange
since 2017 and is part of the MDAX stock market index. For more information, please visit www.deliveryhero.com.
Media contact
Corporate & Financial Communications
press@deliveryhero.com
Investor Relations contact
Christoph Bast
Head of Investor Relations
ir@deliveryhero.com
Disclaimer
This release may contain forward looking statements, estimates, opinions and projections with respect to anticipated
future performance of Delivery Hero SE ("forward-looking statements"). These forward-looking statements can be
identified by the use of forward-looking terminology, including the terms "believes," "estimates," "anticipates,"
"expects," "intends," "may," "will" or "should" or, in each case, their negative, or other variations or comparable
terminology. These forward-looking statements include all matters that are not historical facts. Forward-looking
statements are based on the current views, expectations and assumptions of the management of Delivery Hero SE and
involve significant known and unknown risks and uncertainties that could cause actual results, performance or events to
differ materially from those expressed or implied in such statements. Forward-looking statements should not be read as
guarantees of future performance or results and will not necessarily be accurate indications of whether or not such
results will be achieved. Any forward-looking statements included herein only speak as at the date of this release. We
undertake no obligation, and do not expect to publicly update, or publicly revise, any of the information,
forward-looking statements or the conclusions contained herein or to reflect new events or circumstances or to correct
any inaccuracies which may become apparent subsequent to the date hereof, whether as a result of new information,
future events or otherwise. We accept no liability whatsoever in respect of the achievement of such forward-looking
statements and assumptions.
2024-05-15 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  
Language:     English 
Company:      Delivery Hero SE 

Oranienburger Straße 70
10117 Berlin
Germany

Phone:        +49 (0)30 5444 59 105 
Fax:          +49 (0)30 5444 59 024 
E-mail:       ir@deliveryhero.com 
Internet:     www.deliveryhero.com 
ISIN:         DE000A2E4K43 
WKN:          A2E4K4 
Indices:      MDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 

Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, OTC QB, OTC QX, SIX, Vienna Stock
Exchange
EQS News ID: 1903061

End of News EQS News Service
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1903061 2024-05-15 CET/CEST

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END) Dow Jones Newswires

May 15, 2024 02:00 ET (06:00 GMT)