ALBIOMA : Establishment of a corporate credit line for €60 million

Press release Paris La Défense, 11 June 2019 Establishment of a corporate credit line for €60 million On 7 June 2019, Albioma signed a €60 million bank facility with French and international banks, under very favourable market conditions. This revolving financing follows a previous line of...

London, 11/06/2019 (informazione.news - comunicati stampa - energia)

Paris La Défense, 11 June 2019

On 7 June 2019, Albioma signed a €60 million bank facility with French and international banks, under very favourable market conditions. This revolving financing follows a previous line of €40 million, which was coming to an end.

With a maturity of five years, extendable to seven years, this new line of €20 reflects the Group's growth momentum. It will provide the Group with increased financial flexibility, particularly in view of acquisitions or specific cash requirements.

Next on the agenda: first half 2019 results on 24 July 2019 (after trading).