DBAG secures €50m debt facility
Deutsch Beteiligungs AG (DBAG) has secured a €50m debt facility from a consortium of two banks for a term of five years.
The credit facility is supposed to offer additional financial flexibility to serve liquidity requirements in exceptional cases.
CFO Susanne Zeidler said in an official statement that the credit facility will not mean a fundamental change in DBAG's financing strategy and that DBAG will continue to finance its activities exclusively through the stock market.
On 30 September 2015, DBAG had liquid assets of €58m at its disposal.
The GP made eight investments in 2015, culminating in the acquisition of a minority stake in Swiss structural bearings producer Mageba in December. DBAG provided 47% and the DBAG Expansion Capital Fund 53% of the investment total.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds









