PRESS RELEASE : TeamViewer AG: TeamViewer places EUR 300m ESG-linked Schuldschein loan

DGAP-News: TeamViewer AG / Key word(s): Financing 
TeamViewer AG: TeamViewer places EUR 300m ESG-linked Schuldschein loan 
2021-02-18 / 12:35 
The issuer is solely responsible for the content of this announcement. 
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TeamViewer places EUR 300m ESG-linked Schuldschein loan 
 
  . Transaction upsized to meet strong local and international demand for maturities up to ten years 
  . Priced at low end of guidance with an average interest margin of 1.2% 
  . First ESG-linked Schuldschein loan in the software sector underlines TeamViewer's commitment to sustainability. 
    Margin gains from improving ESG score to be devoted to sustainability initiatives 
Goppingen, 18 February 2021: TeamViewer has successfully placed a EUR 300m Schuldschein loan with interest margins 
linked to the company's environmental, social and governance (ESG) performance. 
Due to significant oversubscription and high interest from German and international banks and institutional investors, 
the transaction was upsized from EUR 150m to EUR 300m. All tranches with maturities of three, five, seven and ten years 
priced at the low end of guidance, resulting in an average interest margin of 1.2%. 
Despite TeamViewer's overall low ESG risk according to Sustainalytics, a market leading provider of ESG ratings, the 
company has identified specific ESG areas with improvement potential and has linked the margin of the Schuldschein loan 
to an increase of the Sustainalytics ESG Management Score. Possible interest savings will be invested in sustainability 
initiatives. 
TeamViewer intends to use the proceeds for general corporate purposes, including funding its comprehensive growth 
initiatives, as well as to partially repay existing financial liabilities. 
"Our successful Schuldschein loan debut diversifies TeamViewer's funding sources at very attractive terms and 
demonstrates the confidence in our business model combining strong growth with high profitability and cash flow. 
Linking the margin to the ESG score incorporates our ambitious sustainability agenda in TeamViewer's financing strategy 
now as well.", said Carsten Keller, Head of Investor Relations and Capital Markets. 
Following the optimisation of the revolving credit and term loan facilities, this placing is TeamViewer's second 
transaction within six months to further improve its debt structure, reflecting the rapid deleveraging and 
significantly enhanced credit profile since the company's IPO in September 2019. 
The transaction was arranged by Commerzbank, ING and LBBW. 
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About TeamViewer 
TeamViewer is a leading global technology company that provides a connectivity platform to remotely access, control, 
manage, monitor, and repair devices of any kind - from laptops and mobile phones to industrial machines and robots. 
Although TeamViewer is free of charge for private use, it has more than 550,000 subscribers and enables companies of 
all sizes and from all industries to digitalize their business-critical processes through seamless connectivity. 
Against the backdrop of global megatrends like device proliferation, automation and new work, TeamViewer proactively 
shapes digital transformation and continuously innovates in the fields of Augmented Reality, Internet of Things or 
Artificial Intelligence. Since the company's foundation in 2005, TeamViewer's software has been installed on more than 
2.5 billion devices around the world. The company is headquartered in Goppingen, Germany, and employs more than 1,300 
people globally. In 2020, TeamViewer achieved billings of EUR 460m. TeamViewer AG (TMV) is listed at Frankfurt Stock 
Exchange and belongs to the MDAX. Further information can be found at www.teamviewer.com. 
Contact 
Press Contact TeamViewer     Investor Relations Contact TeamViewer 
Martina Dier                 Carsten Keller 
Director, Communications     Head of Investor Relations and Capital Markets 
Phone: [phone]  Phone: [phone] 
E-Mail: [e-mail] E-Mail: [e-mail] ----------------------------------------------------------------------------------------------------------------------- 

2021-02-18 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de -----------------------------------------------------------------------------------------------------------------------

Language:     English 
Company:      TeamViewer AG 
              Bahnhofsplatz 2 
              73033 Göppingen 
              Germany 
Phone:        [phone] 
Fax:          [phone] 
E-mail:       [e-mail] 
Internet:     www.teamviewer.com 
ISIN:         DE000A2YN900 
WKN:          A2YN90 
Indices:      MDAX, TecDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1169419 
 
End of News   DGAP News Service 
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1169419 2021-02-18

(END) Dow Jones Newswires

February 18, 2021 06:37 ET (11:37 GMT)