Announcement by Aryzta AG regarding Refinancing

Zurich / CH. (aag) Swiss Aryzta AG is pleased to announce that it has agreed new five-year term and revolving senior unsecured bank facilities in the aggregate amount of 1.8 billion EUR with the facilities underwritten by Bank of America Merrill Lynch, HSBC, Rabobank and UBS. The new financing was utilised on 22 September 2017 to repay in full the revolving credit and term loan facilities put in place last year. Bank of America Merrill Lynch and HSBC are joint syndication agents, Rabobank is documentation coordinator and UBS is facility agent.