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Rosenbauer Secures EUR 330 Million Refinancing

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Rosenbauer Secures EUR 330 Million Refinancing

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The latest announcement is out from Rosenbauer International ( (GB:0FRW) ).

Rosenbauer International AG has reached an agreement with its major lenders on a EUR 330 million refinancing plan set to last until December 2027, with the possibility of an extension for an additional two years. This move involves renegotiating financial covenants and includes suspending dividend payments for 2024 and 2025. The refinancing is contingent upon the issuance of 3.4 million new shares to Robau Beteiligungsverwaltungs GmbH, which will also acquire a majority of the company’s voting rights.

More about Rosenbauer International

YTD Price Performance: 18.33%

Average Trading Volume: 1,829

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €236M

Find detailed analytics on 0FRW stock on TipRanks’ Stock Analysis page.

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