Company: GIFLF
Filing Date: 2025-02-26
Form Type: 6-K
Source: 0001104659-25-017501
Chunk: 38

Company: Grifols SA
Filing Date: 2025-02-26
Form: 6-K
Chunk 38
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 (2) As a result of the merger between Grifols Escrow Issuer, S.A. and Grifols, S.A. in the fiscal year 2023 (see note 2).        
 (3) Currently in process of preparation of the documentation for the listing on the Euronext Global Exchange Market of the Irish 
 Stock Exchange (ISE)                                                                                                             
 New Debt Issuances in 2024                                                                                                       
 On April 30, 2024, Grifols, S.A. closed the issuance of senior secured corporate notes (Senior Secured Notes)                    
 amounting to Euros 1,000 million. Subsequently, on June 4, 2024, an additional private placement of senior secured               
 notes amounting to Euros 300 million was completed. Both placements mature in May 2030 and bear an annual                        
 coupon of 7.5%, having the same economic terms and benefiting from the same personal garantees and in rem                        
 security as the senior secured notes issued on November 15, 2019. These notes have customary change of control                   
 protection in respect of the issuer. The funds obtained have been used to repay the senior unsecured notes ("Grifols             
 Senior Unsecured Notes") maturing in May 2025 amounting Euros 1,000 million and to partially repay (for an                       
 amount of Euros 300 million) the Group's revolving credit facility of the Group's Credit and Guaranty Agreement                  
 originally dated November 15, 2019 (the "Credit Agreement") (note 21(b)).                                                        
 On December 19, 2024, Grifols, S.A. closed the issuance of senior secured corporate notes (Senior Secured Notes)                 
 amounting Euros 1,300 million, maturing in May 2030 and bearing an annual coupon of 7.125%. These notes also                     
 have customary change of control protection and in addition they have an special redemption feature during the call              
 protection period ("non-call period") allowing for a favorable redemption price versus the make-whole cost during                
 such non-call period. The net funds obtained from such issuance have been used, together with available cash, to: (i)            
 fully repay the Senior Secured Notes ("Senior Secured Notes") of Grifols, S.A. maturing in February 2025, for an                 
 amount of Euros 343 million; and (ii) fully clean-down the amount drawn under the revolving credit facility of the               
 Credit Agreement