Marley Spoon Group SE Completes Financing Transaction

Marley Spoon Group SE has finalized a key financial restructuring for its German subsidiary, Marley Spoon SE. The financing arrangement with Runway Growth Finance Corp. and Runway Growth Finance L.P. has been closed, featuring an increased loan amount to address adverse market conditions. Initially set at approximately EUR 35.1 million, the loan is now raised to about EUR 45.5 million. Additionally, the non-subordinated loan rose from EUR 8.2 million to EUR 15.0 million. The company states that other key terms, such as conversion rights and capital structure, remain unchanged.

The financial restructuring is crucial for Marley Spoon SE, which holds 99.5% ownership under Marley Spoon Group SE. While the increased funding addresses current challenges, the company does not anticipate significant alterations to the existing agreements with lenders. The company warns that securities may not be offered or sold in the U.S., Canada, or Japan, adhering strictly to international regulations.