Delivery Hero SE announced the syndication of a term loan financing transaction comprising of a USD 825 million term facility and a EUR 300 million term facility. The Term Facilities will have a maturity of 5.25 years. Concurrently with the signing of the Term Facilities, the Company expects to enter into a revolving credit facility in the amount of EUR 375 million with a consortium of banks.

The RCF will have an initial maturity of 3 years, with two 1-year extension options. The proceeds from the Term Facilities will be used for general corporate purposes, including potential refinancing of convertible debt at maturity, working capital and guarantees. After having successfully placed convertible bonds in the market, this is another milestone in the financing structure of Delivery Hero and will help to diversify funding sources and further bolster the Company's strong liquidity position for the next years to come.

The RCF is expected to remain undrawn at closing of the transaction.