News within the industry of pulp and paper, Jun, 17 2019
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Deufol concluded a new syndicated loan

Photo: Deufol
Photo: Deufol
Published by
Simon Matthis - 10 Jun 2019

Deufol has concluded a new syndicated loan to secure its ongoing financing and targeted growth.

 

Arround 5 months before the expiry of the previous financing, Deufol SE has reached a new financing agreement with the lending banks. The concluded financing package consists of a syndicated financing package as well as other financing facilities. The financing structure is tailored to ensure sufficient liquidity for ongoing business operations, but more importantly also provides substantial baskets to fuel the growth strategy of Deufol Group for the next five years.

 

Against the background of the current interest rate levels and the solid business development of Deufol, even in a difficult market environment, it was also possible to reduce the interest rate on the facilities by an average of around 25 basis points.

 

The Deufol Group is a global premium provider of packaging and related services.