EKINOPS signed a new credit line with its banking partners for a total €100 million. The company said the funding will support its development and in particular its external growth strategy.
This new financing was secured by the banking pool comprising Caisse Régionale de Crédit Agricole Mutuel des Cotes d’Armor (Agent, Arranger, Credit Coordinator), Banque Populaire Grand Ouest (Arranger and ESG Coordinator), BNP Paribas and KBC Bank.
Dmitri Pigoulevski, Ekinops’ Chief Financial Officer commented: “This new line of financing confirms Ekinops’ determination to achieve one or more acquisitions, using non-dilutive financing methods. It will provide the Group with the necessary resources to effectively seize growth opportunities. We would like to thank our banking partners for their support and their trust in our strategy.”
