Evos (through Evos Finance B.V.) has announced that it has successfully completed a €950 million debt raise, refinancing a major part of its current debt facilities under its existing loan conditions, achieving a more staggered, diversified, and long-term maturity profile.
The refinancing was executed with a mix of US Private Placement Notes and Bank debt. As part of the process Evos obtained an investment grade rating. With these new debt facilities, Evos refinanced and extended most of its outstanding debt.
Harry Deans, CEO of Evos, says: ‘This is a great achievement and will help us to execute our strategy even more effectively. We are excited about the opportunities this refinancing brings to further grow, develop and evolve our business with our customers as we navigate the energy transition together.’
Koert Schouten, CFO of Evos adds: ‘We are looking forward to continuing working with our existing lenders and welcome our new financial partners. We are very excited about Evos and have now implemented a stable long-term funding base that allows the business to operate, grow and invest in its future.’
