on Voltabox AG (isin : DE000A2E4LE9)
Voltatron AG Secures €14 Million in Group Financing
Voltatron AG has confirmed a €14 million financing package to support its operations and investments. The financing centers on a club deal with Commerzbank AG and Landesbank Baden-Württemberg, featuring €10 million in revolving working capital facilities and €4 million in investment loans. The working capital facilities have a three-year term with a variable interest rate tied to the three-month EURIBOR, while the investment loans carry fixed rates.
Voltatron's discussions are ongoing to potentially expand its financing options, which could raise the total to over €20 million. This move reflects the company's commitment to fostering growth within its industrial lithium-ion battery systems and energy storage solutions sectors.
R. E.
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