Douglas AG
Douglas GmbH: Douglas GmbH Announces Syndication of €1,080 Million Term Loan B

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March 12, 2021

Douglas GmbH Announces Syndication of
€1,080 Million Term Loan B

Düsseldorf, Germany-March 12, 2021 – Douglas GmbH (the “Company”) announces that it has launched the syndication of a term loan B facility in the expected amount of €1,080 million (the “Term Loan B Facility”). The Company continues to observe market conditions and may opportunistically launch one or more additional debt instruments. The Company intends to use the proceeds from the Term Loan B Facility together with proceeds from any other debt instruments and an equity contribution from its shareholders to fund the redemption in full of the Company’s existing senior secured notes due 2022 and existing senior notes due 2023 as well as repay all amounts outstanding under the Company’s existing senior secured facilities, in each case, at par.

For more information, please contact:

Douglas GmbH
Luise-Rainer-Straße 7-11, 40235 Düsseldorf, Germany

Douglas Investor Relations:
Stefanie Steiner
Email: ir@douglas.de

Douglas Press Office:
Eva Krüger
Email: pr@douglas.de

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This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities and shall not constitute an offer, solicitation or sale of securities in the United States or in any jurisdiction in which, or to any persons to whom, such offering, solicitation or sale would be unlawful.

The distribution of this announcement into certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the laws of any such jurisdiction.

Forward-looking Statements

This news release may include “forward-looking statements” within the meaning of the securities laws of certain applicable jurisdictions. These forward-looking statements include, but are not limited to, all statements other than statements of historical facts contained in this news release, including, without limitation, those regarding the Company’s intentions, beliefs or current expectations concerning, among other things: the Company’s future financial conditions and performance, results of operations and liquidity; the Company’s strategy, plans, objectives, prospects, growth, goals and targets; future developments in the markets in which the Company participates or is seeking to participate; and anticipated regulatory changes in the industry in which the Company operates. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “anticipate”, “believe”, “continue”, “ongoing”, “estimate”, “expect”, “intend”, “may”, “plan”, “potential”, “predict”, “project”, “target”, “seek” or, in each case, their negative, or other variations or comparable terminology. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors because they relate to events and depend on circumstances that may or may not occur in the future. Past performance is not an indication of future results and past performance should not be taken as a representation that trends or activities underlying past performance will continue in the future. Readers are cautioned that forward-looking statements are not guarantees of future performance and that the Company’s actual financial condition, results of operations and cash flows, and the development of the industry in which the Company operates, may differ materially from (and be more negative). The forward-looking statements in this document speak only as at the date of this announcement and the Company and its affiliates expressly disclaim any obligation or undertaking to review or release any updates or revisions to these forward-looking statements to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any statement is based after the date of this announcement or to update or to keep current any other information contained in this document or to provide any additional information in relation to such forward-looking statements, unless required to do so by applicable law.