Press release -
Nemetschek Group debuts with first globally underwritten syndicated loan
- Syndicated loan of EUR 500 million concluded
- Important milestone for future growth strategy
Munich, April 25, 2024 - The Nemetschek Group (ISIN DE 0006452907), a global provider of software solutions for the construction and media industry, has replaced its existing bilateral credit lines from 2020 with a new syndicated loan.
The syndicated loan has a volume of EUR 500 million and was granted - following strong interest - from both long-standing house banks and new international banking partners.
Led by Bayerische Landesbank and UniCredit, the consortium includes BNP Paribas, Citibank, Commerzbank, DZ BANK, HSBC and JPMorgan.
"This significant milestone further strengthens our already very solid financial position and supports us in driving our growth strategy forward as planned," says Louise Öfverström, CFO of the Nemetschek Group. "The favorable transaction parameters as well as the very broad support from leading and international financial institutions is proof of their high confidence in the operational and financial strength, our positioning as well as the long-term growth prospects of the Nemetschek Group.”
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About the Nemetschek Group
The Nemetschek Group is a globally leading provider of software for digital transformation in the AEC/O and media industries. Its intelligent software solutions cover the entire life cycle of construction and infrastructure projects and allow creatives to optimize their workflows. Customers can plan, construct, and manage buildings and infrastructure more efficiently and sustainably, and develop digital content such as visualizations, films, and computer games in a creative way. The software company drives new technologies and approaches such as artificial intelligence, digital twins, and open standards (OPEN BIM) in the AEC/O industries to increase productivity and sustainability. We are continuously expanding our portfolio, including through investments in disruptive start-ups. More than 7 million users are currently designing the world with the customer-focused solutions of our four segments. Founded by Prof. Georg Nemetschek in 1963, the Nemetschek Group today employs more than 3,400 experts.
The company, which has been listed in the MDAX and TecDAX since 1999, achieved a revenue of EUR 851.6 million and an EBITDA of EUR 257.7 million in 2023.
