Fugro secures European Investment Bank facility funding eligible costs through 2031
Bitget2026/10/14 05:12- Fugro secured a new long-term financing facility from the European Investment Bank for eligible costs incurred from Jan. 1, 2025 to Dec. 31, 2031.
- Drawings under the facility can run up to 10 years, providing long-dated funding for its technology roadmap.
- The EIB facility ranks pari passu with existing senior debt, supporting additional financial flexibility.
- Fugro also extended the maturity of its senior unsecured syndicated facilities to December 2031.
- The syndicated package includes a EUR 400 million revolving credit facility, EUR 100 million term loan, extended on December 2024 terms.
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