Traton : Amendment & extension of TRATON SE syndicated revolving credit facility

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Amendment & extension of TRATON SE syndicated revolving credit facility

• Facility volume increased to €4.5bn, reflecting the enlarged global footprint of the TRATON GROUP
• Maturity extended by 5 years, enriched by two extension options of one year each

Munich, December 15, 2021 - TRATON SE has signed an amendment & restatement agreement in order to reflect changes to its inaugural syndicated revolving credit facility signed in July 2020. In order to reflect the enlarged global footprint of the TRATON GROUP, TRATON SE has increased its syndicated revolving credit facility from €3.75bn to €4.5bn. The facility can be drawn in different currencies and serves for general corporate purposes and liquidity back-up to the TRATON GROUP, providing TRATON GROUP with further comfortable financial flexibility. In light of a supportive market environment, TRATON SE has amended the facility on very attractive terms. The new facility has a maturity of 5 years and can be extended twice for an additional year respectively (total of "5+1+1" years tenor). The facility is provided by a consortium of 23 core relationship banks to TRATON.

Contact

Wolfgang Herberger
Head of Treasury Munich
T [phone]
[e-mail]

Philipp Lotz
Head of Corporate Finance & Financial Markets
[phone]
[e-mail]

Pietro Zollino
Head of Group Communications,
Governmental Relations & Sustainability
T [phone]
[e-mail]

Matthias Karpstein
Business Media Relations
T [phone]
[e-mail]

TRATON SE
Dachauer Str. 641 / 80995 Munich / Germany
www.traton.com

With its brands Scania, MAN, Volkswagen Caminhões e Ônibus, Navistar, and RIO, TRATON SE is one of the world's leading commercial vehicle manufacturers. Its range comprises light-duty commercial vehicles, trucks, and buses, at 29 production and assembly sites in 17 countries. The Group aims to reinvent transportation - with its products, its services, and as a partner to its customers. For TRATON, sustainable economic growth always includes treating people and nature with respect. The People, Planet, and Performance triad will shape the future of our Company.

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