Skip to main content

Radisson expects to get a further cash injection

Following the cash injection of €100m in the form of a subordinated shareholder loan that Radisson Hospitality AB (publ) (“Radisson” and, together with its subsidiaries, the “Group”) received on June 4th, 2020, Radisson further expects to receive from its current shareholder, Aplite Holdings AB, an additional cash injection up to €100m in the form of a subordinated shareholder funding (“Additional Cash Injection”) to cover the cash needs required for the Group’s ongoing operations during the COVID-19 crisis. The Additional Cash Injection is intended to provide further support to the Group’s financial position and to assist Radisson, together with its shareholder support, in securing the planned renewal of its RCF currently in place. The shareholder will also work together with Radisson’s management team to improve the Group’s business performance and cash flow control.INVESTOR RELATION CONTACTSergio Amodeo, Executive Vice President & CFO
sergio.amodeo@radissonhotels.com
ABOUT RADISSON HOSPITALITY ABRadisson Hospitality AB (publ) is one of the largest hotel companies in Europe, the Middle East & Africa (EMEA) and a member of the Radisson Hotel Group.Through a master franchise agreement with Radisson Hospitality, Inc. USA – Radisson Hospitality AB operates and develops hotel brands across EMEA – including Radisson Collection, Radisson Blu, Radisson, Radisson RED and Park Inn by Radisson. It also operates the Radisson Rewards loyalty program for frequent hotel guests.Radisson Hospitality AB features a portfolio of 387 hotels, with 84,800+ rooms in operation and 125 hotels, with 24,900+ rooms under development in 80 countries across Europe, the Middle East and Africa.Radisson Hospitality AB and its brands employ 44,000+ team members. Radisson Hospitality AB has an industry-leading Responsible Business Program and has been named one of the World’s Most Ethical Companies by the US think-tank Ethisphere nine times.Radisson Hospitality AB is headquartered in Brussels, Belgium.For more information on Radisson Hospitality AB, visit www.radissonhospitalityab.comFor more information on Radisson Hotel Group, visit www.radissonhotels.com/corporate

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.