Antalis completes refinancing programme
| 29 June, 2018
Antalis has completed the last step in its refinancing programme with the signature of the legal documentation for refinancing its main factoring contract for an amount of €215 million.
Together with the signature of the legal documentation for the syndicated credit facility on 31 May 2018, this agreement completes and finalises the legal aspects of Antalis’ refinancing programme. Antalis says that this will give the company the resources for pursuing its external growth strategy in the higher-margin Packaging and Visual Communication sectors while consolidating its leadership in the Papers sector.
In 2017, Antalsi reported sales of €2.4 billion and employed 5,500 people serving approximately 140,000 customers, companies and printers in 43 countries.