AEVIS VICTORIA SA ("AEVIS") announced the successful completion of a comprehensive refinancing program across multiple levels of the Group, aimed at optimizing its capital and financing structure. The move is expected to materially reduce the Group's cost of debt and financial expenses, resulting in interest expense savings in the high single-digit million range on an annualized basis.
At the holding company level, AEVIS arranged a new syndicated financing facility, enhancing the Group's overall financial flexibility and liquidity profile. Within the real estate segment, AEVIS completed the refinancing of an interim facility originally put in place in 2020 to finance the acquisition of several hotel assets. This interim financing has been replaced with long-term, traditional mortgage financings, further strengthening the stability of the Group's balance sheet. In addition, AEVIS successfully secured a new financing facility for L'Oscar Hotel in London.
Collectively, these transactions extend and diversify the Group's debt maturity profile and, together with the significant reduction of the Group's consolidated debt by more than CHF 100 million in H1 2025, are expected to materially reduce the Group's cost of debt and financial expenses. The refinancing is part of AEVIS's ongoing efforts to optimize its capital structure and improve financial flexibility.
For further information, visit the official release at NewMediaWire or the company's website at www.aevis.com.
