on Branicks Group AG (isin : DE000A1X3XX4)
Branicks Group AG Repays EUR 100 Million Promissory Note Loan Early
Branicks Group AG has announced the early repayment of a EUR 100 million promissory note loan, marking a significant step in its debt reduction strategy. This follows a previous repayment of EUR 15 million in the first quarter of 2025. Altogether, EUR 115 million of promissory note loans have been settled ahead of schedule.
The repayment reflects Branicks Group's commitment to its financial obligations and debt consolidation plans. Their CEO and CFO, Sonja Wärntges, affirmed that the company remains on track with its strategy and has also refinanced a major real estate bank loan due earlier this year. Further repayments of promissory notes are planned by mid-2025.
R. P.
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