Eindhoven, the Netherlands – Signify, (Euronext: LIGHT), the world leader in lighting, today announced that it has given a notice of prepayment for a principal amount of EUR 350 million of its term loan debt facilities.
The deleveraging supports our overall commitment to an investment grade credit rating and maintaining a robust financial framework, and implements our deleveraging prioritization as announced on January 31, 2020 when publishing our full year 2019 results. The debt prepayment will be made on September 30, 2020 and executed against the EUR terms loans which had an initial maturity of January 2023.
As a result of this payment Signify’s term loan debt facilities will consist of EUR 50 million and USD 275 million with a maturity of three years (January 2023) and EUR 340 million and USD 225 million with a maturity of five years (January 2025).
Signify Investor Relations
Rogier Dierckx
Tel: +31 6 1138 4609
E-mail: rogier.dierckx@signify.com
Signify Corporate Communications
Elco van Groningen
Tel: +31 6 1086 5519
E-mail: elco.van.groningen@signify.com
Signify (Euronext: LIGHT) is the world leader in lighting for professionals and consumers. We proudly bring to market the world’s best lighting brands, from Signify, Philips, Philips Hue, Signify Interact, Philips Dynalite, Color Kinetics and many more. Our advanced products, connected systems and services unlock the extraordinary potential of light for brighter lives and a better world. In 2025, we had sales of EUR 5.8 billion, approximately 27,000 employees, and a presence in over 70 markets. We are in the Dow Jones Sustainability World Index and hold the EcoVadis Platinum rating.
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