EQS-News: Lenzing AG successfully signs syndicated loan of EUR 545 million

• Lenzing agrees syndicated loan of EUR 545 mn
• Financing reflects strong confidence from the banking market
• Strengthens liquidity reserves

Lenzing – The Lenzing Group, a leading global supplier of regenerated cellulose fibers for the textile and nonwovens industries, has agreed financing through a syndicated loan totalling EUR 545 mn. The loan consists of a term loan and a revolving facility, enhancing the company’s liquidity reserves in preparation for upcoming refinancing requirements. Commerzbank AG, Erste Group Bank AG, and Raiffeisen Bank International AG led the consortium as coordinators, mandated lead arrangers, and bookrunners, alongside BNP PARIBAS and UniCredit Bank Austria AG as mandated lead arrangers and bookrunners.

The financing structure includes a term loan of EUR 355 mn with a three-year term, and a revolving credit facility of EUR 190 mn, also with a three-year term and extension options of totalling two years.

“In today’s uncertain market environment, this successful financing at attractive terms are a strong vote of confidence and a clear affirmation of our solid position in the global fiber market,” said Nico Reiner, CFO of the Lenzing Group. “With this financing, we are strengthening our financial foundation while further expanding our position as a leading integrated fiber company.”

The Lenzing Group continued to improve its business performance in the first quarter of 2025, despite the ongoing slow and uneven recovery of global textile markets during the reporting period. Revenue rose by 4.8 percent year-on-year to EUR 690.2 mn. EBITDA increased by 118.8 percent to EUR 156.1 mn, supported by positive one-off effects. Net profit amounted to EUR 31.7 mn (compared to minus EUR 26.9 mn in the first quarter of 2024), marking the first positive quarterly result since the third quarter of 2022. Lenzing expects a higher EBITDA for the full year 2025 compared to the previous year.
 

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