Solutions30 today closed on a new €100-million syndicated loan with seven banks.
Commenting on the announcement, the Group’s Chief Financial Officer Amaury Boilot said: “Our ability to secure this financing proves how strongly our main partner banks believe in our Group’s strategy and business model. This loan will help us to expand our activities, strengthen our competitive advantages, and preserve our ability to consolidate the market in the coming years.”
This syndicated loan will help finance the strong growth expected for the Group’s activities outside France, where more than €800 million in contracts have been signed since the beginning of the year. It will also allow the Group to pursue its external growth strategy when macroeconomic conditions improve.