Ionos Group signs €800 million three-year loan with banking group

By Wendy Van Sickle

Columbus, Ohio, Dec. 15 – Ionos Group SE signed an €800 million loan with a consortium of banks on Friday to partially refinance its existing shareholder loan with United Internet AG, according to a news release.

The loan will mature on Dec. 15, 2026 and will carry fixed interest, which based on current rates would be about 4.7%. Closing is expected on Dec. 18.

After the partial repayment, the shareholder loan with United Internet will amount to €350 million and will be subordinated. The shareholder loan has an unchanged fixed annual interest rate of 6.75%, a term until Dec. 15, 2026 and is planned to be gradually repaid before then.

Based in Germany, the company is involved in cloud solutions and web hosting.

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