Solutions30 successfully completes €120 million debt refinancing
19 November 2024 - 6:00PM
UK Regulatory
Solutions30 successfully completes €120 million debt refinancing
Solutions30, a European leader in
rapid-response field services for the telecommunications, energy
and IT sectors, today announces that it has successfully closed a
€120 million credit facility. This new facility, arranged with a
syndicate of eight core relationship banks, will refinance the
Group’s existing bank debt and provide additional financial means
for its continued expansion, notably in the Energy sector.
Amaury Boilot, Group General Secretary,
commented: "In today’s challenging financing environment, securing
the full refinancing of our bank debt under favorable economic
conditions is a testament to the strength of our business model,
the quality of our credit profile, and the confidence our lenders
have in the Group’s long-term growth potential. This refinancing
strengthens our financial foundation and provides the resources
needed to support our continued expansion, both organically and
through bolt-on acquisitions, while remaining aligned with our
non-dilutive financing policy."
The new €120 million credit facility, maturing
in 2031, extends the Group’s debt maturity profile. Its cost is
tied to the 3-month Euribor, with spreads close to those of the
existing debt facility.
This refinancing was structured by two leading
French banks, BGL BNP Paribas and Société Générale, and has been
finalized as of today.
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About Solutions30 SE
Solutions30 provides consumers and businesses
with access to the key technological advancements that are shaping
our everyday lives, especially those driving the digital
transformation and energy transition. With its network of more than
16,000 technicians, Solutions30 has completed over
65 million call-outs since its inception and led over 500
renewable energy projects with a combined maximum output surpassing
1600 MWp. Every day, Solutions30 is doing its part to build a
more connected and sustainable world. Solutions30 has become an
industry leader in Europe with operations in 10 countries:
France, Italy, Germany, the Netherlands, Belgium, Luxembourg,
Spain, Portugal, the United Kingdom, and Poland.
The capital of Solutions30 SE consists of
107,127,984 shares, equal to the number of theoretical votes
that can be exercised. Solutions30 SE is listed on the
Euronext Paris exchange (ISIN FR0013379484- code S30).
Indices: CAC Mid & Small | CAC Small | CAC Technology | Euro
Stoxx Total Market Technology | Euronext Tech Growth.
Visit our website for more information: www.solutions30.com.
Contact
Individual Shareholders:
shareholders@solutions30.com - Tel: +33 (0)1 86 86 00 63
Analysts/investors:
investor.relations@solutions30.com
Press - Image 7:
Charlotte Le Barbier - Tel: +33 6 78 37 27 60 -
clebarbier@image7.fr
- PR refinancing - 19-11-2024 EN
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