EQS-Adhoc: SURTECO GROUP SE: Extension of existing financing through 2029

SURTECO GROUP SE: Extension of existing financing through 2029  

Buttenwiesen, 20 April 2026
SURTECO GROUP SE has reached an agreement with the financing syndicate banks and the vast majority of the promissory note holders on a term sheet for the extension of the current financing until 28 December 2029.
Based on the draft of an expert opinion prepared in conjunction with IDW-S6 Standard, the company has agreed with the banks and promissory note holders on measures to strengthen its financial position, earnings, and liquidity by 2029. The expert opinion is based on the existing group structure, excluding any potential divestitures. Among other things, SURTECO GROUP SE has agreed to suspend dividend payments during the restructuring period and to maintain an agreed minimum liquidity threshold in addition to the existing covenants. The company has also reached an agreement with the banks and promissory note holders to adjust the agreed financial covenants to reflect the company’s current financial and earnings situation. As collateral, first-ranking share pledges have been provided for the creditors of the syndicated loan, and second-ranking share pledges for selected subsidiaries of the debtor have been provided for the promissory note creditors. In addition, security interests are provided for.
The decision regarding a potential sale of the Profiles and/or Edgebands divisions (see the Company’s ad hoc announcement dated 28 January 2026 regarding the review of strategic options) will be made by the Company’s governing bodies in accordance with their fiduciary duties. The Management Board plans to use any proceeds from the sale to reduce financial liabilities. The company will temporarily strengthen its management capabilities with expertise in transformation and restructuring.



Contact:
Martin Miller
Investor Relations
ir@surteco-group.com
+49 (0)8274 9988-508