Groupe Bastide Secures €375M for Growth and Stability

Bastide le Confort Medical (FR:BLC) has released an update.

Groupe Bastide has strengthened its financial position with a new €375 million financing contract, consisting of a syndicated loan and a revolving credit facility, to replace existing loans and support investment and growth. The deal, arranged by Natixis, Société Générale, and BNP, includes tranches with extended maturity dates up to 2030, reflecting market confidence in Bastide’s ability to sustain cash flow without asset sales, although asset sales are planned to reduce debt.

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