Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014
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- 21 March 2025
LifeFit Group MidCo GmbH announces the successful tap issuance of its outstanding bonds by EUR 90 million, including for the partial financing of the acquisition of FIT/One Group.
Frankfurt am Main, 21 March 2025 – LifeFit Group MidCo GmbH (together with its subsidiaries, "LifeFit Group") has today successfully placed additional bonds in an aggregate nominal amount of EUR 90 million with maturity on 29 August 2029 (the "Additional Bonds") under the terms and conditions of its outstanding bonds with ISIN NO0013252452 (tap issuance). LifeFit Group MidCo GmbH was able to place a higher volume than expected. The issue price of the Additional Bonds is 101.00% of their nominal amount. Following the tap issuance, the aggregate nominal amount of the bonds outstanding will be EUR 230 million.
The Additional Bonds were exclusively offered to qualified investors in private placements and subscribed for in full by qualified investors. The settlement of the Additional Bonds is expected for 27 March 2025. The Additional Bonds are intended to be included into the Open Market of the Frankfurt Stock Exchange and LifeFit Group intends to apply for the admission to trading on the corporate list of Nasdaq Stockholm within the timeframes stipulated in the terms and conditions of its outstanding bonds.
LifeFit Group MidCo GmbH intends to use the net proceeds from the placement of the Additional Bonds for the partial financing of the acquisition of FIT/One Group, as announced by LifeFit Group, and the integration of the FIT/One Group as well as for general corporate purposes.
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