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Banking Consortium strengthens financial structure of Losberger De Boer to enable further integration and profitable growth path.

20/05/19

 

The refinancing agreement as now executed entails new facilities being made available to the Group for cash and guarantees whilst in parallel, a relief in the current bank debt will be granted.

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Arnout de Hair, CEO Losberger De Boer, is pleased with the agreement. “Together with our banks we have created a solid financial structure, reduced our financing costs and have been provided with sufficient headroom to execute our company-wide improvement and integration programme. This agreement reflects the support and belief of the banks in our strategy. Losberger De Boer has now a solid base to continue implementing its strategic programme and to capitalize on its opportunities for further growth.”

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For more information, please contact:

Losberger De Boer
Onno Koole | Group Marketing Director
M: +31 6 24 27 83 92
E: Onno.Koole@losbergerdeboer.com
T: +31 72 5475 272
W: www.losbergerdeboer.com