---
title: Major shareholders underline their commitment with subordinated loans
date: 2019-12-19T17:58:11+01:00
author: Daniela Pistor
canonical_url: "https://autoneum.com/news/major-shareholders-underline-their-commitment-with-subordinated-loans"
section: News (Detail)
---
The two major shareholders Michael Pieper and Peter Spuhler have granted Autoneum Holding Ltd two subordinated loans of CHF 20 million each. This not only emphasizes their personal and financial engagement, but also their confidence in the Company. The loans have a fixed term until January 15, 2021. Michael Pieper explained: “Strategically and with its product portfolio, the Company is very well positioned for the challenges related to the transformation of the automotive industry.” Peter Spuhler underlined: “The loan is a sign of my confidence in the Company and its potential.” 

- 0.2 MB  \|  PDF  \|  EN
    
     [  Media Release: Major shareholders underline their commitment with subordinated loans (pdf) ](https://autoneum.com/content/content-images/Documents/191219_Media-Release_Subordinated-shareholder-loans.pdf)
 
 

 

 

  ![](https://autoneum.com/content/content-images/Image/6_Contact/_1200x1600_crop_center-center_none/13947/autoneum-image-contact-media_relations.webp)  

### Ulrike Reich

 Head Corporate Communications

 

   [ corporate.communications@autoneum.com ](mailto:corporate.communications@autoneum.com) 

  [ +41 52 244 83 88 ](tel:+41%2052%20244%2083%2088) 

  

 

  ![](https://autoneum.com/content/content-images/Image/6_Contact/_1200x1600_crop_center-center_none/14094/autoneum-contact-investors.webp)  

### Bernhard Weber

 Head Financial Services & IR

 

   [ investors@autoneum.com ](mailto:investors@autoneum.com) 

  [ +41 52 244 82 07 ](tel:+41%2052%20244%2082%2007)