ROBIT PLC’S FINANCING AGREEMENT RENEWED
27 juni, 15:00
ROBIT PLC STOCK EXCHANGE RELEASE 27 JUNE 2025 AT 16:00
ROBIT PLC’S FINANCING AGREEMENT RENEWED
Robit Plc has on 27 June 2025 signed a new financial agreement of EUR 25.5 million with Danske Bank. In accordance with the original plan, with this financing agreement Robit Plc replaces and refinances the company’s current loans as well as prepares for upcoming investments and working capital needs, which support the company’s further growth.
The new loan has a five-year term. The loan’s pricing will be reviewed after three years.
In accordance with the financial agreement, the first instalment of the loan amounting EUR 1.5 million expires on 31 December 2025. Subsequently, the instalments of EUR 1.5 million will expire semi-annually.
Robit Plc raises a loan totaling EUR 19.5 million from the above-mentioned EUR 25.5 million new loan at the end of June 2025, and with this arrangement refinances most of its current interest-bearing loans.
The loan covenants are based on the company’s net debt to EBITDA and equity ratio. The covenants will be tested semi-annually.
“Robit Plc is content with the solution, which ensures the financing of the company’s operations for its growth in the coming years as well as for potential growth opportunities”, states Group CFO, Ari Suokas.
ROBIT PLC
Ari Suokas
Further information:
Ari Suokas, Group CFO
+358 40 576 1414
ari.suokas@robitgroup.com
Distribution:
Nasdaq Helsinki Ltd
Key media
www.robitgroup.com
Robit is the specialist focused on high quality drilling consumables for the mining and construction markets globally to help you drill even Further. Faster. Robit strives to be the world’s number one drilling consumables company. Through our proven, high-quality Top Hammer, Down the Hole and Geotechnical products and our expert services, we deliver drilling cost savings to our customers. Robit has its own sales and service points in seven countries and an active network of distributors through which it sells to more than 100 countries. Robit’s manufacturing facilities are located in Finland, South Korea and the United Kingdom. Robit shares are listed on Nasdaq Helsinki Ltd. More information is available at www.robitgroup.com.
Ämnen i artikeln
ROBIT PLC’S FINANCING AGREEMENT RENEWED
27 juni, 15:00
ROBIT PLC STOCK EXCHANGE RELEASE 27 JUNE 2025 AT 16:00
ROBIT PLC’S FINANCING AGREEMENT RENEWED
Robit Plc has on 27 June 2025 signed a new financial agreement of EUR 25.5 million with Danske Bank. In accordance with the original plan, with this financing agreement Robit Plc replaces and refinances the company’s current loans as well as prepares for upcoming investments and working capital needs, which support the company’s further growth.
The new loan has a five-year term. The loan’s pricing will be reviewed after three years.
In accordance with the financial agreement, the first instalment of the loan amounting EUR 1.5 million expires on 31 December 2025. Subsequently, the instalments of EUR 1.5 million will expire semi-annually.
Robit Plc raises a loan totaling EUR 19.5 million from the above-mentioned EUR 25.5 million new loan at the end of June 2025, and with this arrangement refinances most of its current interest-bearing loans.
The loan covenants are based on the company’s net debt to EBITDA and equity ratio. The covenants will be tested semi-annually.
“Robit Plc is content with the solution, which ensures the financing of the company’s operations for its growth in the coming years as well as for potential growth opportunities”, states Group CFO, Ari Suokas.
ROBIT PLC
Ari Suokas
Further information:
Ari Suokas, Group CFO
+358 40 576 1414
ari.suokas@robitgroup.com
Distribution:
Nasdaq Helsinki Ltd
Key media
www.robitgroup.com
Robit is the specialist focused on high quality drilling consumables for the mining and construction markets globally to help you drill even Further. Faster. Robit strives to be the world’s number one drilling consumables company. Through our proven, high-quality Top Hammer, Down the Hole and Geotechnical products and our expert services, we deliver drilling cost savings to our customers. Robit has its own sales and service points in seven countries and an active network of distributors through which it sells to more than 100 countries. Robit’s manufacturing facilities are located in Finland, South Korea and the United Kingdom. Robit shares are listed on Nasdaq Helsinki Ltd. More information is available at www.robitgroup.com.
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