Post by Kepler Cheuvreux

Kepler Cheuvreux, in cooperation with Rabobank, is very proud to have acted as Joint Global Coordinator on the successful EUR 308m Convertible Bond Offering and concurrent Delta Placement of Basic-Fit.   The net proceeds will be used for general corporate purposes, including refinancing, and to provide Basic-Fit with enhanced financial flexibility to support the acceleration of its organic and/or inorganic growth strategy.   With more than 2,150 clubs, Basic-Fit is the largest fitness operator and franchisor in Europe. Basic-Fit operates in twelve countries via two brands and has more than 6 million memberships.   Contacts: Claudio Villa, Benjamin Tran, Jean-Baptiste Payan, Dagmar Brands, Karim Malek, Valentine Faugeroux, Valantin Savard.   Stephan Kovarski