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Agfa-Gevaert NV signs new revolving credit facility - Regulated information - Contains inside information
Globenewswire· 2025-08-01 16:00
Core Viewpoint - Agfa-Gevaert NV has signed a new €180 million revolving credit facility for three years, aimed at supporting working capital and general corporate purposes, replacing an existing facility set to expire in May 2026 [1] Financial Details - The new facility includes financial covenants such as leverage, interest cover, minimum adjusted EBITDA, and minimum liquidity, which will be tested quarterly or semi-annually [2] - The financial covenants are based on net financial debt excluding IFRS 16 and adjusted EBITDA calculated over the last 12 months [2][3] Institutional Arrangement - The new revolving credit facility has been arranged by a consortium of four financial institutions: BNP Paribas Fortis SA/NV, KBC Bank NV, Belfius Bank SA/NV, and ING Belgium SA/NV [3] Company Overview - Agfa-Gevaert Group is a prominent player in imaging technology with nearly 160 years of experience, serving sectors such as healthcare, printing, green hydrogen, and specific industrial applications [5] - In 2024, the Group reported a turnover of €1,138 million [5]