Masterflex Secures New EUR 55 Million Syndicated Loan for Strategic Flexibility

Masterflex SE has secured a new syndicated loan amounting to EUR 55 million, enhancing its financial flexibility. This loan, scheduled to close on September 30, 2024, can be increased by an additional EUR 25 million. The funds will primarily serve general corporate purposes, particularly mergers and acquisitions (M&A), thereby strengthening the group's financial foundation.

CEO Dr Andreas Bastin emphasized the loan's role in supporting Masterflex's future strategy "Hero@Zero" and facilitating future-oriented investments. CFO Mark Becks expressed satisfaction with the trust from the financing partners and highlighted the loan's importance in optimizing the company's financing structure. The new loan, with a term of five years and extendable by two more years, includes improved conditions reflecting Masterflex's enhanced credit rating.