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July 21, 2023

Ameropa Successfully Completes Refinancing of the Main RCF in Romania

Ameropa is pleased to announce the successful completion of the full refinancing of its main Revolving Credit Facility (RCF) in Romania. This achievement comes in the midst of a complex and challenging business landscape, highlighting the ongoing confidence and commitment of our partners to Ameropa’s businesses.

The refinancing facility has closed with a total amount of EUR 542 million, a substantial increase from the prior facility of EUR 347 million. This will support the ongoing working capital needs of Ameropa’s operations in Azomures, Chimpex and Ameropa Grains.

A key milestone is the expansion of our banking network. Ameropa has secured the support of nine banks, adding five new banks in the Facility, demonstrating its reliability and agility to excel in a challenging environment.

"Completing the full refinancing of our main RCF in Romania is a tremendous achievement for Ameropa," said Laurent Bogaert, Group CFO at Ameropa. "It is a testament to the unwavering commitment, professionalism, and collaborative spirit of our team. This success positions us strongly to navigate the ever-evolving market dynamics and pursue our growth strategies effectively."

 

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