Capital Market

The financing of our company is a key component of our strategy and lays the foundation for continuous growth.

Capital Market

The financing of our company is a key component of our strategy and lays the foundation for continuous growth.

Syndicated loan

One of the first instruments CLAAS entered the international capital markets with, was a syndicated credit facility (syndicated loan) in 1997. This first facility with a volume of DM 200 million was subsequently replaced by a new instrument with a volume of €250 million and an initial maturity of 5 years in 2005.

In July 2007, shortly before a significant increase in risk premiums on the international capital markets, CLAAS was able to extend the syndicated loan at the same conditions for a further 4 years through to July 2014.

The instrument was renewed and extended in April 2014. Within the framework of the syndicated loan, eight international banks provided the company with a credit line of €300 million at defined terms and conditions.

The last contractual modification of the syndicated credit facility was signed in June 2018. Besides extension of the maturity to fresh 5 years, a facility increase option was introduced to the contract, which provides CLAAS further funding flexibility. Furthermore the consortium of banks was adjusted and the total volume of the facility increased. Through to this nine international banks provide CLAAS with a syndicated credit facility of 325 million Euros now. The current maturity of the instrument is June 15th, 2023.