Company News
Reference: APN053
Date: October 30, 2018
Nijmegen, The Netherlands – 30 October 2018, Ampleon today announced it recently secured a refinancing package. Led by global coordinator HSBC, and syndicated by five West European banks, the USD 400 million senior credit facilities, a proportion of which includes a revolving credit facility, was agreed on October 5, 2018. The proceeds of this new financing structure will be used to repay existing debt and to provide liquidity to support future growth and strategic objectives. The refinancing is fully supported by Ampleon shareholders who are managed by JAC Capital.
Reinier Beltman, CEO Ampleon comments, “This is the first time, as an independent company, we have approached the financial markets, and we are very pleased that this concluded in a successful transaction. The refinancing provides substantial cost savings and gives us the flexibility to support our growth ambition. This extra credit will enable us to pursue our ambition on strategic topics.”
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For further information and reader enquiries:
Susanne Schorn, Corporate Communications
Ampleon Netherlands B.V.,
Halfgeleiderweg 8, 6534 AV Nijmegen, The Netherlands
Tel: +31 6 83 63 10 59,
Email: Susanne.Schorn@ampleon.com,
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Publitek Limited,
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About Ampleon:
Created in 2015, Ampleon is shaped by 50 years of RF power leadership and is set to exploit the full potential of data and energy transfer in RF. Ampleon has more than 1,350 employees worldwide, dedicated to creating optimal value for customers. Its innovative, yet consistent portfolio offers products and solutions for a wide range of applications, such as mobile broadband infrastructure, radio & TV broadcasting, CO2 lasers & plasma, MRI, particle accelerators, radar & air-traffic control, non-cellular communications, RF cooking & defrosting, RF heating and plasma lighting. For details on the leading global partner in RF Power, visit www.ampleon.com