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Gerresheimer Signs New EUR 150 Mln Credit Facility

Gerresheimer AG (GRRMF.PK), a maker of medical packaging products, said that it has signed a new revolving credit facility in the amount of 150 million euros. It is part of the company's financial program to support the successful transformation of the company into a solution provider and system integrator with profitable, sustainable growth.

The company successfully issued a promissory loan in the amount of 150 million euros in November 2021 as a first step. The company finalized now a revolving three-year credit facility of 150 million euros as a second step to secure prematurely to repay tranches from promissory loan in the amount of 306 million euros due later in 2022.

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