De Pardieu has advised Lacroix Group on the setting-up of its inaugural syndicated loan.
Lacroix Group is a publicly listed industrial group on Euronext, specializing in electronic equipment and solutions for industrial sectors and critical infrastructure.
This €77.6 million inaugural syndicated loan is intended to refinance part of its existing debt and to finance its investments in line with its 2027 strategic roadmap.
This financing comprises (i) partial refinancing of existing debt amount to €44.6 million with an extended maturity of 7 years, (ii)
A €30 million confirmed credit line dedicated to investment financing (capex and minority share acquisitions), and (iii) a €3 million revolving credit facility (RCF) with a four-year maturity in addition to existing short-term credit lines.
Through this new financing, LACROIX simplifies and strengthens its financing structure, extends the average maturity of its debt (to more than 4.5 years), and benefits from a legal framework providing enhanced flexibility and responsiveness to meet its future needs.