on UET United Electronic Technology AG (ETR:CFC)
Aconnic AG Extends EUR 23 Million Debt Financing
aconnic AG has announced the extension of its existing debt financing facility, totaling EUR 23 million. Originally set to mature in August 2026, the company has now reached a new agreement extending the term until August 2027. This new arrangement allows for the principal amount and accrued interest to be payable upon maturity, with options for early repayment at no extra cost.
Additionally, aconnic AG is currently in final negotiations with investors to extend its EUR 4 million convertible bonds, set to mature in October 2026. The company also retains access to an existing EUR 4 million facility for material procurement. CEO Werner Neubauer highlighted that these financial arrangements are crucial for leveraging business potential and fulfilling orders.
R. P.
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