Cabka N.V. Secures Debt Covenant Adjustment Valid Through 2027
Globenewswire·2025-09-22 16:05

Core Insights - Cabka N.V. has reached an agreement with its lending syndicate to adjust financial covenants under its debt facility, ensuring continued access to financing and providing financial flexibility for its strategy execution [1] - The revised terms of the agreement are effective immediately and will remain in place until the end of the facility term in 2027 [1] - The CFO of Cabka expressed appreciation for the support from banking partners, indicating their confidence in the company's long-term strategy [2] Company Overview - Cabka specializes in transforming hard-to-recycle plastic waste into innovative Reusable Transport Packaging (RTP), enhancing sustainability in logistics [3][4] - The company is recognized for its integrated approach in recycling plastics, backed by its own innovation center, allowing it to maximize the use of recycled materials in production [4] - Cabka is listed on Euronext Amsterdam under the CABKA ticker since March 1, 2022 [5] Financial Calendar - Upcoming financial events include a Trading Update for Q3 2025 on October 21 and a Capital Markets Update on November 19 [2]