Representative for Market
Relations:
Pedro Nuno Cardoso Abreu
Moreira
INVESTOR RELATIONS
[email protected]
T. +351 232 767 700
Reuters: MAR.LS
Bloomberg: MAR PL
th
Oliveira de Frades, 20 December 2015
MARTIFER GROUP INFORMS ABOUT AGREEMENT
FOR FINANCIAL RESTRUCTURING
Martifer, SGPS, S.A., publicly traded company (“Martifer”), hereby informs that, following the priorities defined in the
restructuring plan, reached an agreement with a group of creditor financial institutions for the restructuring of Financial
Debt in the Holding and in the Construction segment perimeters.
The global amount of financing to be restructured reaches around 260 million euros, which corresponds to around 85 %
of the Martifer Group’s gross consolidated Financial Debts on 30th September 2015.
The agreement envisages the pursuance of the plan for the divestment in non-core businesses and real estate assets
that will allow the gradual reduction of the Net Debt in the Holding perimeter and the optimization of operational Cash
Flow generation in the construction segment.
This operation will allow:
• to adequate the inflows maturity of the operational activity and investment (divestment) to the outflows of the
financing activity
• to standardize the profile of Financial Debt repayments
• to significantly reduce the all-in financing costs
• to significantly increase the average maturity of the Financial Debt to around 8 years
• to reinforce the permanent capital structure
WWW.MARTIFER.COM
Martifer SGPS, SA | Portuguese Public Company | Zona Industrial de Oliveira de Frades, Oliveira de Frades | Registered in the Companies
Registry Office of Oliveira de Frades under the single registration and incorporation number 505 127 261 | Share Capital: 50,000,000 Euros