OPmobility Secures €300 Million in Private Placement

Plastic Omnium (FR:OPM) has released an update.

OPmobility, formerly known as Plastic Omnium, has successfully raised €300 million through a Schuldschein private placement to support its corporate objectives and extend its debt maturity. The increased transaction amount from the initially planned €200 million highlights investor confidence in the company’s financial strategy and growth ambitions in sustainable mobility.

For further insights into FR:OPM stock, check out TipRanks’ Stock Analysis page.