Touax SCA announced that on 27 July 2023 it signed and put in place a EUR 40 million senior secured loan with a 4-year maturity. This financing extends the average maturity of the Group's debt and is in line with its growth and profitability strategy, with the aim of refinancing the senior secured loan maturing in June 2024 for the same amount. This financing was organized in the form of a bank club deal with Banque Internationale a Luxembourg and LCL as co-arrangers and La Banque Postale, Banque Palatine and Credit Agricole Ile-de-France as participants.

Touax was advised on the financial structuring and negotiation by Transaction R&Co, and on the legal aspects by Stephen Harwood and McCann FitzGerald. Hogan Lovells and Arthur Cox advised the banking syndicate.