Francotyp-Postalia Holding AG announces the extension of its syndicated loan

Francotyp-Postalia Holding AG formalized the amendment of its syndicated loan agreement as of February 26, 2024, thus consolidating its relationship with a banking consortium composed of Landesbank Baden-Württemberg, Deutsche Bank AG and UniCredit Bank GmbH. The total amount of the loan reaches 55 million euros for a period of three years, with a biannual extension option. This review addresses the company's future financial needs, supporting its continued transformation and development of innovative solutions.

The renewal of this agreement marks a significant step for FP, providing it with the necessary means to carry out its acquisition projects and finance its future operational requirements. In addition, before the conclusion of this new agreement, Francotyp-Postalia made the early repayment of 8.5 million euros, in addition to another prior repayment of 7.5 million made in the third quarter of 2023.