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Avantium Signs Term Sheet With NOM for Proposed €20 Million Subordinated Loan

PUBT·10/27/2026 08:06:08
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Avantium Signs Term Sheet With NOM for Proposed €20 Million Subordinated Loan
  • Avantium signed an October 23, 2026 term sheet with NOM for a proposed EUR 20 million subordinated loan facility.
  • Closing requires government approvals, completion of the EUR 55.45 million rights offering, definitive documentation and no material adverse change.
  • Four tranches would be tied to regional development milestones; the first cannot be drawn before March 1, 2027.
  • Each disbursement requires available liquidity between EUR 10 million and EUR 30 million; closing is targeted before year-end 2026.
  • Lenders also conditionally agreed on September 29 to amend existing debt facilities and waive certain covenant and reporting breaches, pending the equity raise.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avantium NV published the original content used to generate this news brief on October 27, 2026, and is solely responsible for the information contained therein.