Lannion, December 2, 2020 – 7:45am

LUMIBIRD secures €140m of Euro PP and financial institution financing TO SUPPORT ITS STRATEGIC AMBITIONS

The LUMIBIRD Group, the European chief for laser applied sciences, is asserting that it has arrange €100m of financial institution financing and accomplished a €40m Euro PP social affect bond concern. With these financing services, the LUMIBIRD Group has elevated its capability for funding by over €100m and goals to double its revenues between 2020 and 2023. This goal relies on natural development for one third and exterior development for 2 thirds.

The LUMIBIRD Group is asserting at present that it has arrange €140m of financing primarily based on a seven-year maturity with a view to securing continued development round its already profitable mannequin that mixes natural and exterior development. LUMIBIRD goals to double its revenues between 2020 and 2023, with development targeting its three strategic markets: Medical, Lidar and Protection / Area. Investments will concentrate on strengthening applied sciences, significantly for Lidar, and buying market shares and manufacturing capability, primarily within the Medical and Protection / Area sectors. Modeled on earlier acquisitions (Quantel, Optotek, Halo Photonics, Ellex), every new exterior development operation is anticipated to assist speed up natural development. These targets shall be introduced in additional element when the Group reviews its revenues on January 25 subsequent 12 months.

This financing introduced collectively financial institution lenders and bond traders. Alongside conventional monetary covenants, the Euro PP bond contains two “affect” covenants, which contractually set out the borrower’s dedication to:

The financing charge shall be adjusted primarily based on compliance with these affect covenants via to the mortgage’s maturity.

A part of the financing was drawn down at present on closing, with the steadiness to be launched inside 12 or 24 months relying on the tempo of acquisitions.

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These new strains made it potential to clear the €35m line arrange in June 2019, whereas setting up €105m of recent capability for financing exterior development, alongside the money place of over €78m at June 30, 2020.

This financing was arrange below very enticing situations (common charge of round 2.4%), and the quantity and the timeframe for the dedication made by the lenders affirm the Lumibird Group’s robust credit standing and its sturdy growth mannequin via natural and exterior development.

Key members within the operation:

Firm advisors: Midcap Companions

Financial institution debt / arranger: Crédit Agricole Côtes d’Armor

Financial institution debt / lenders: Crédit Agricole Côtes d’Armor, Arkea, Banque CIC Ouest, Banque Populaire Grand Ouest, Caisse d’Epargne Bretagne- Pays de Loire, LCL

Euro PP bonds: Artemid, Eiffel IG, La Banque Postale AM, SP Gestion

Authorized advisors for the corporate: Strateys

Authorized advisors for the Euro PP lenders: Kramer Levin

Subsequent date:

2020 full-year revenues and 2023 targets on January 25, 2021 (after shut of buying and selling)

LUMIBIRD is among the world’s main specialists in lasers. With 50 years of expertise and a mastering of strong state laser, laser diodes and fiber laser applied sciences, the Group designs, manufactures and markets excessive efficiency lasers for scientific (laboratories and universities), industrial (manufacturing, protection, Lidar sensors) and medical (ophthalmology) markets.

Born from the mixture of Keopsys Group with Quantel in October 2017, LUMIBIRD has greater than 800 workers and over €110 million of revenues in 2019 and is current in Europe, America and Asia.

LUMIBIRD shares are listed on the Euronext Paris B Compartment. FR0000038242 – LBIRD www.lumibird.com

Contacts

LUMIBIRD

Marc Le Flohic

Chairman and CEO

Tel. +33(0) 1 69 29 17 00

data@lumibird.com

LUMIBIRD

Aude Nomblot-Gourhand

Secretary Common – CFO

Tel. +33(0) 1 69 29 17 00

data@lumibird.com

Calyptus

Mathieu Calleux

Buyers Relations

Tel. +33(1) 53 65 37 91

lumibird@calyptus.web

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