Birkenstock subsidiaries Signed New Term Loan And Revolving Credit Facilities Agreement Providing Aggregate Loans And Commitments Of EUR850M
Portfolio Pulse from Benzinga Newsdesk
Birkenstock subsidiaries have signed a new term loan and revolving credit facilities agreement, providing aggregate loans and commitments of EUR850 million.
May 28, 2024 | 8:25 pm
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Birkenstock subsidiaries have secured EUR850 million in new term loan and revolving credit facilities, which could enhance their financial flexibility and support growth initiatives.
The new credit facilities provide Birkenstock with significant financial resources, which can be used for various strategic initiatives, potentially leading to positive short-term stock performance.
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