The volume placed is spread over maturities of 5, 7 and 10 years. Moreover, 42% of the transaction volume is issued in fixed-interest tranches. With this transaction, the company is making early preparations for the refinancing of its corporate bond which will mature in June 2020. Last year, the aerospace company bundled its bilateral credit lines into a syndicated loan involving seven banks. The new promissory note loan thus represents a further component of the company's conservative and sustainable financing policy. The interest coupons of the new promissory note loan are significantly lower than the previous financing rates and thus contribute to a sustainable reduction in the company's financing costs.

"By issuing the promissory note loan within the framework of our new financing strategy, we have taken an important step towards securing funding for our long-term growth. In view of our strong economic standing, the loan provides us with additional leeway to further expand our market position as one of the leading technology partners to the global aerospace industry," comments Robert Machtlinger, CEO of FACC. "We are thrilled that this transaction has attracted so much interest. The high demand testifies to investors' confidence in the company," adds FACC CFO Aleš Stárek.

The transaction was overseen by Landesbank Baden-Württemberg and Raiffeisen Bank International AG as joint mandated lead arrangers.