Zapf Creation AG

EANS-Adhoc: Zapf Creation: Long Term Group Financing secured Major Shareholder finds Investors who will take over Bank Loans in the amount of 20.1 million Euro

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04.10.2010

Rödental, Germany; October 4, 2010: Zapf Creation AG has successfully concluded its negotiations to secure long-term financing for its group of companies by signing an agreement in principle. Isaac Larian, who - together with his family - holds a majority stake in Zapf Creation via several trusts, has found investors who will take over a bank loan in the amount of EUR20.1 million. The term of the loan taken over by the investors remains to mature in 2013; the conditions of the loan will be adapted to the needs of the company. This agreement will reduce the amount of the loan provided by the syndicate banks to only EUR9 million which will be repaid in full ahead of schedule by January 31, 2011. The successful conclusion of these negotiations means that Zapf Creation now has the financial flexibility it needs to push ahead with its ongoing strategy of developing the group into an international provider of girls' toys.

Kontakt:

Gerolf Werning
WPFC Consulting GmbH
Tel.: +49 (0) 163  711 711 2
E-mail: werning@wpfc.de

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ots Originaltext: Zapf Creation AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Claudia Dorst
Telefon: +49 (0)9563-7251-513
E-Mail: claudia.dorst@zapf-creation.de

Branche: Consumer Goods
ISIN:      DE0007806002
WKN:        780600
Index:    CDAX, Classic All Share
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Hamburg / free trade
              Stuttgart / free trade
              Düsseldorf / free trade
              Hannover / free trade
              München / free trade



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