-+ 0.00%
-+ 0.00%
-+ 0.00%

Seco Obtains EUR115 Million for Debt Refinancing

MT Newswires·10/13/2026 01:35:28
Listen to the news
01:35 AM EDT, 10/13/2026 (MT Newswires) -- Seco (IOT.MI) secured 115 million euros of new facilities from six banking institutions to refinance outstanding debt. The Italian technology company said Tuesday that it refinanced 90 million euros of debt due on Sept. 30 using the new facilities, which included a capital expenditure facility earmarked for its growth strategy. Intesa Sanpaolo, UniCredit and BNL BNP Paribas were joint global coordinators of the transaction, while Monte dei Paschi di Siena served as facility agent.