ams OSRAM to secure long-term stable financial base for structural growth

ams OSRAM plans to secure a total of EUR 2.25 billion through the combination of a capital increase, new corporate bonds, and other financing instruments.

The comprehensive financing follows a multi-stage plan: A proposed rights issue in the amount of EUR 800 million will be combined with an issuance of senior unsecured notes in EUR and USD, which are expected to raise a total of around EUR 800 million. The volume of the capital increase, which is scheduled for approval at an Extraordinary Shareholders meeting on October 20th, 2023, is underwritten by the banks HSBC, Morgan Stanley and UBS.

The financing plan creates a solid base for the strategic realignment of ams OSRAM. The company is focusing its semiconductor portfolio on its profitable core business with intelligent sensor and emitter components. In doing so, the company aims to expand its leading position in the relevant automotive, industrial, and medical sectors. This will be complemented by selected, highly innovative offerings for the consumer electronics markets, such as micro-LED. The Automotive & Specialty Lamps segment continues to be an important part of the Group after its portfolio was cleaned up and is delivering sustainable double-digit adj. EBIT margins.