Topicus.com (TOITF) announced that its subsidiary, Topicus.com Cooperatief, has obtained a EUR 200M senior unsecured Schuldschein loan. The Schuldschein loan was initially launched at EUR 100M and was subsequently doubled on the back of signicant interest from institutional lenders. The Schuldschein loan is structured in several tranches at variable rates, with EUR 79.5M maturing in 3 years, EUR 105.5 million maturing in 5 years and EUR 15M maturing in 7 years. The proceeds of the Schuldschein loan are expected to be used for general corporate purposes and M&A. It will also contribute to and improve the Corporation’s capital structure and debt maturity.
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