-+ 0.00%
-+ 0.00%
-+ 0.00%

Delivery Hero Reprices $1.33 Billion Term Loan Due in 2029

MT Newswires·09/14/2026 03:04:03
Listen to the news
03:04 AM EDT, 09/14/2026 (MT Newswires) -- Delivery Hero (DHER.F) completed the reduction of the applicable interest rate margin for its $1.33 billion term loan B that will mature in December 2029. Following the early closing on Sept. 10 for the repricing transaction, the German online food delivery company trimmed the interest rate margin for the loan to 350 basis points above the secured overnight financing rate, compared with the previous margin of SOFR plus 500 basis points. Aside from the margin, other terms of the credit agreement remained substantially the same, the company noted.