Also Holding Places EUR250 Million Promissory Note

01:54 AM EST, 12/04/2025 (MT Newswires) -- Also Holding (ALSN.SW) issued a 250 million-euro promissory note to strengthen its balance sheet and refinance the bridge financing it had previously used to fund the Westcoast Holdco acquisition. The Swiss distribution and logistics company said Thursday the note amount was raised from the initially contemplated 100 million euros due to "high demand." The note was placed in three tranches, with maturities of 3.5 years, 5 years, and 7 years, bearing interest at fixed or variable rates.