Imtech diversifies its funding structure

Gouda - Imtech (IM-AE, technical services provider in Europe) announces that it has reached substantive agreement with international investors on a USD 300 million private placement of senior notes (in different currencies) by Imtech Capital B.V. guaranteed by Imtech N.V. With this placement Imtech diversifies its funding structure.

Imtech intends to use the net proceeds to refinance existing debt and for other general corporate purposes. The issue will be composed of tranches aggregating USD 186 million, EUR 25 million and GBP 50 million with 5 to 12 year maturities. Imtech Capital B.V. is a wholly-owned finance subsidiary of Imtech N.V. Imtech N.V. expects to sign the transaction documentation, and issue the notes, on 15 December 2011.