𝗢𝘂𝗿 𝗚𝗿𝗼𝘂𝗽 𝗧𝗿𝗲𝗮𝘀𝘂𝗿𝘆 𝗧𝗲𝗮𝗺 𝗮𝗺𝗼𝗻𝗴 𝘁𝗵𝗲 𝘁𝗼𝗽 𝟱 𝗳𝗼𝗿 𝘁𝗵𝗲 “𝗧𝗿𝗲𝗮𝘀𝘂𝗿𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗬𝗲𝗮𝗿 𝟮𝟬𝟮𝟰” 𝗮𝘄𝗮𝗿𝗱!🏆 Yesterday evening, the “Treasury of the Year 2024” award was presented at the prestigious Structured Finance event hosted by FINANCE Magazin in Stuttgart. Among the nominees on the shortlist: our Group Treasury Team, led by Thomas A. Woelk. The placement on the shortlist recognizes the strategic expertise of our team, which successfully mastered the complex financial challenge of covering the Covid pandemic financing and our IPO in March at the same time. Here are a few facts about the complex treasury transaction that the team implemented: ✅ The loan taken out amounts to 1.6 billion euros. ✅ The team developed an innovative financing solution by combining three different types of loans. ✅To successfully complete the process, the team collaborated with 15 banks at the same time. ✅ As a result of the refinancing and IPO, the DOUGLAS Group leverage ratio went down from 4.0x per 31.12.2023 to approx. 2.7x. This exceptional team performance, commitment and foresight have strengthened the DOUGLAS Group financially and positioned it for a stable future. A big round of applause for the entire Group Treasury team for their exceptional work! 🎉 #PeopleBehindBeauty #MakeLifeMoreBeautiful #StructuredFinance2024
Great congratularion Thomas 🔝
Für mich die Sieger der Herzen 🩵 Glückwunsch zu der tollen Leistung!
Impressive achievement and numbers Douglas
Glückwunsch Thomas A. Woelk! Leider haben wir uns in Stuttgart verpasst. Nächstes Mal stoßen wir darauf an!
Congratulations Mark and Team! This is a remarkable achievement.
Herzlichen Glückwunsch an das Team
Congrats!
Glückwunsch! Absolut verdient- ein tolles Team!
CFO DOUGLAS Group
2wWell deserved! Congratulations to Thomas A. Woelk and the team, you really did a great job and kept us on track through the entire process. Thanks a lot for all your support in this huge milestone for our company!