Financial restructuring of Neumayer Tekfor

Successful completion of financial restructuring of Neumayer Tekfor under participation of Novum Capital

Neumayer Tekfor Gruppe, a global automotive components manufacturer headquartered in Offenburg, Germany, with more than 3,000 employees and sales in excess of 600 million (2008) has entered into a comprehensive restructuring agreement with its creditors and its shareholders. Under the agreement reached creditors and shareholders will provide Neumayer tekfor with a total of €42 million in fresh capital while forgiving a significant amount of existing financial debt. Creditors have agreed to flexible amortization and interest payment schedules. The restructuring agreement was signed on June 30, 2009.

Novum Capital, a financing specialist for mezzanine and subordinated capital, has acted as advisor to the mezzanine lenders to Neumayer Tekfor.