{"id":3413,"date":"2023-07-19T18:00:00","date_gmt":"2023-07-19T16:00:00","guid":{"rendered":"https:\/\/staging.ekinops.com\/news\/news\/ekinops-signs-up-for-a-100-million-credit-line-to-support-its-external-growth-strategy"},"modified":"2026-10-20T20:46:09","modified_gmt":"2026-10-20T18:46:09","slug":"ekinops-signe-une-ligne-de-financements-d-un-montant-total-de-100-m-pour-accompagner-sa-strategie-de-croissance-externe","status":"publish","type":"press-releases","link":"https:\/\/www.ekinops.com\/fr\/news\/corporate\/ekinops-signs-up-for-a-100-million-credit-line-to-support-its-external-growth-strategy","title":{"rendered":"Ekinops signe une ligne de financements d\u2019un montant total de 100 M\u20ac pour accompagner sa strat\u00e9gie de croissance externe"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li><strong>Signing of a \u20ac50 million loan facility (can be increased to \u20ac90 million) intended for external growth<\/strong><\/li>\n\n\n\n<li><strong>Setup of a \u20ac10 million revolving credit facility<\/strong><\/li>\n\n\n\n<li><strong>Introduction of ESG criteria in new financing packages<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">With a solid financial structure (\u20ac20.5 million in net cash<a href=\"#_ftn1\" id=\"_ftnref1\"><sup>[1]<\/sup><\/a> at the end of FY 2022), Ekinops has secured a new line of credit for a total \u20ac100 million, intended to provide the company with&nbsp; financial resources to support its development and &nbsp;in particular its external growth strategy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This new financing, secured &nbsp;by the banking pool comprising <em>Caisse R\u00e9gionale de Cr\u00e9dit Agricole Mutuel des Cotes d&#8217;Armor<\/em> (Agent, Arranger, Credit Coordinator), <em>Banque Populaire Grand Ouest<\/em> (Arranger and ESG Coordinator), <em>BNP Paribas<\/em> and <em>KBC Bank<\/em>, consists of:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>An external growth credit line<\/strong>, intended to finance one or more M&amp;A transactions and related costs, <strong>for an amount of \u20ac50 million (can be increased to \u20ac90 million under certain conditions) <\/strong>with a 7-year maturity;<\/li>\n\n\n\n<li><strong>A revolving credit line<\/strong>, intended to finance the Group&#8217;s general needs, for a maximum amount of \u20ac10 million.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">These credit lines diversify Ekinops&#8217; sources of funding, extend its debt maturity, and reinforce its balance sheet in an extremely competitive market environment. The trust placed in Ekinops attests to the Group&#8217;s excellent financial health, and to the support of its banking partners.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Factoring Ekinops&#8217; extra-financial performance into new financing deals <\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As part of its corporate social responsibility (CSR) approach, Ekinops, in agreement with its banking partners, decided to index this new financing facility to its <strong>ESG (Environmental, Social and Governance) performance<\/strong>. Ekinops will thus benefit from a <strong>bonus of up to 5&nbsp;basis points<\/strong> applicable to&nbsp; the new financing lines, depending on the number of ESG criteria achieved.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Rewarded several times by extra-financial rating agencies, Ekinops\u2019 ESG strategy is based on three strategic areas of focus:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Being an employer of choice<\/strong>: ensuring good working conditions for employees, protecting their well-being and health through specific measures to promote diversity and inclusion, and building loyalty through an attractive mobility and remuneration policy.<\/li>\n\n\n\n<li><strong>Being a responsible company with respect to third parties<\/strong>: Ekinops has put in place responsible systems and practices.<\/li>\n\n\n\n<li><strong>Limiting the environmental impact of its activities<\/strong>: reducing the carbon footprint of products over their entire life cycle through tangible actions.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Dmitri Pigoulevski, Ekinops\u2019 Chief Financial Officer commented:<\/strong><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><em>&#8220;This new line of financing confirms Ekinops&#8217; determination to achieve one or more acquisitions, using non-dilutive financing methods. It will provide the Group with the necessary resources to effectively seize growth opportunities. We would like to thank our banking partners for their support and their trust in our strategy.&#8221;<\/em><\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref1\" id=\"_ftn1\">[1]<\/a> Net cash = cash and cash equivalents &#8211; borrowings (excluding bank debt relating to R&amp;D tax credit (CIR) pre-financing and IFRS 16 lease liabilities)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PARIS, le 19 juillet 2023 \u2013 18h00 \u2013 EKINOPS (Euronext Paris &#8211; FR0011466069 \u2013 EKI), fournisseur leader de solutions de t\u00e9l\u00e9communications d\u00e9di\u00e9es aux op\u00e9rateurs de t\u00e9l\u00e9communications et aux entreprises, annonce la conclusion d\u2019une nouvelle ligne de financements aupr\u00e8s de ses partenaires bancaires.<\/p>","protected":false},"author":2,"featured_media":3380,"template":"","press-releases-category":[86],"class_list":["post-3413","press-releases","type-press-releases","status-publish","has-post-thumbnail","hentry","press-releases-category-corporate"],"_links":{"self":[{"href":"https:\/\/www.ekinops.com\/fr\/wp-json\/wp\/v2\/press-releases\/3413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ekinops.com\/fr\/wp-json\/wp\/v2\/press-releases"}],"about":[{"href":"https:\/\/www.ekinops.com\/fr\/wp-json\/wp\/v2\/types\/press-releases"}],"author":[{"embeddable":true,"href":"https:\/\/www.ekinops.com\/fr\/wp-json\/wp\/v2\/users\/2"}],"version-history":[{"count":1,"href":"https:\/\/www.ekinops.com\/fr\/wp-json\/wp\/v2\/press-releases\/3413\/revisions"}],"predecessor-version":[{"id":3827,"href":"https:\/\/www.ekinops.com\/fr\/wp-json\/wp\/v2\/press-releases\/3413\/revisions\/3827"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ekinops.com\/fr\/wp-json\/wp\/v2\/media\/3380"}],"wp:attachment":[{"href":"https:\/\/www.ekinops.com\/fr\/wp-json\/wp\/v2\/media?parent=3413"}],"wp:term":[{"taxonomy":"press-releases-category","embeddable":true,"href":"https:\/\/www.ekinops.com\/fr\/wp-json\/wp\/v2\/press-releases-category?post=3413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}