Cicor Technologies Ltd. is replacing the existing syndicated loan of CHF 75 million due on June 30, 2022 early and at attractive conditions and is increasing it to CHF 80 million. The new syndicated loan has a term of four years with two one-year extension options. The renewal of the revolving credit facility provides financing and liquidity security and increases the company's overall strategic flexibility. The syndicated loan was structured as a club deal. The banking syndicate comprises a core banking group consisting of Commerzbank AG as mandated arranger and agent, HSBC Trinkaus & Burkhardt AG, Landesbank Baden-Württemberg, Migros Bank AG and Zürcher Kantonalbank. The new credit agreement also contains an optional acquisition credit line in the amount of CHF 75 million, which, in the event of a future acquisition, is to be used to finance the purchase price and the working capital of the company to be acquired.