Solutions30: new bank financing finalized
(CercleFinance.com) - Solutions30 announces that it has finalized a new €120 million bank loan, maturing in 2031, which extends the maturity profile of its debt.
Its cost is indexed to 3-month Euribor, with margins close to those of the existing debt.
This loan, arranged with a syndicate of eight long-standing partner banks, will refinance the group's existing bank debt and provide it with additional financial resources to pursue its expansion, particularly in the energy sector.
This refinancing will provide us with the resources we need to pursue our expansion, while remaining perfectly in line with our policy of non-dilutive financing", comments its General Secretary Amaury Boilot.
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