Solutions30 Secures Major €120 Million Credit Facility

Solutions30 Achieves Significant Financial Milestone

Solutions30, recognized as a leader in rapid-response field services across telecommunications, energy, and IT sectors, has successfully closed a substantial €120 million credit facility. This new financial arrangement with a syndicate of eight trusted banks will not only refinance existing debts but also provide significant resources for future growth, particularly within the energy sector.

Insights from the Group General Secretary

Amaury Boilot, the Group General Secretary, expressed his satisfaction regarding this successful refinancing. He stated, "In today’s challenging financing environment, securing the full refinancing of our bank debt under favorable economic conditions is a testament to the strength of our business model. Our lenders' confidence reflects the quality of our credit profile and highlights the Group’s robust growth potential." He further emphasized that this refinancing strengthens their financial foundation and is pivotal in enabling continued expansion through both organic growth and strategic acquisitions while adhering to a non-dilutive financing strategy.

Details of the Credit Facility

This newly secured €120 million credit facility comes with a maturity date set for 2031. Its associated costs are linked to the 3-month Euribor, maintaining competitive spreads similar to those of the previous debt structures. This strategic refinance enhances the Group's debt maturity profile, paving the way for more flexible financial management.

Structure of the Refinancing

The refinancing deal was structured cooperatively by two prominent French banks, BGL BNP Paribas and Société Générale. The successful closure marks a significant step in solutions30's financial strategy, reinforcing their initiative to continually evolve and adapt in a dynamic market.

A Glimpse into Upcoming Events

Looking forward, Solutions30 is scheduling several key events. Among them is the CIC Forum, which is set to take place virtually on November 21, 2024, and the announcement of the Q4 revenue report planned for January 29, 2025. These engagements demonstrate the Group's commitment to transparency and ongoing investor relations.

About Solutions30 SE

Solutions30 SE plays a crucial role in ushering in pivotal technological advancements that significantly influence everyday life, especially during the current digital transformation and energy transition era. With an impressive network of more than 16,000 skilled technicians, they have successfully completed over 65 million service calls since inception and have been at the forefront of more than 500 renewable energy projects, collectively yielding over 1600 MWp. Every day, Solutions30 contributes to building a more connected and sustainable environment, solidifying its position as a market leader within Europe across ten countries, including France, Italy, Germany, and the UK.

Contact Information

For assistance, interested parties can reach out using the following contact details:

Individual Shareholders: shareholders@solutions30.com - Tel: +33 (0)1 86 86 00 63

Analysts/Investors: investor.relations@solutions30.com

Press Contact: Charlotte Le Barbier - Tel: +33 6 78 37 27 60 - clebarbier@image7.fr

Frequently Asked Questions

What does the €120 million credit facility mean for Solutions30?

The credit facility is designed to refinance existing debts and support further expansion, especially within the energy sector.

Who structured the refinancing deal for Solutions30?

The refinancing was structured in collaboration with BGL BNP Paribas and Société Générale.

What are the upcoming events planned by Solutions30?

Upcoming events include the CIC Forum on November 21, 2024, and the Q4 revenue report on January 29, 2025.

In which sectors does Solutions30 operate?

Solutions30 operates primarily in telecommunications, energy, and IT sectors, offering rapid-response services across Europe.

Where can I find more information about Solutions30?

For further information, you can visit their website at www.solutions30.com.

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