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00:00:00","\u003Cp>CH-Frauenfeld, March 11, 2025 – Aebi Schmidt Group is pleased to announce the successful closing of a USD 600 million syndicated loan agreement. The financing was arranged by UBS Switzerland AG and Zürcher Kantonalbank and was significantly oversubscribed. The agreement is a milestone in the success of Aebi Schmidt Group's planned Nasdaq listing.\u003C/p>\n",[213,217,221],{"id":214,"name":215,"tagname":215,"__typename":216},"8001","Group","object_BTag",{"id":218,"name":219,"tagname":220,"__typename":216},"3437561","Press release","Pressrelease",{"id":222,"name":223,"tagname":223,"__typename":216},"3445176","Investors",{"parent":225,"__typename":229},{"parent":226,"__typename":229},{"id":227,"route":228,"__typename":18},"3445136","/en/news/","object_CContainer",[231,234],{"layout":117,"caption":105,"text":232,"image":105,"image21fp":105,"__typename":233},"\u003Cp>Barend Fruithof, Group CEO of Aebi Schmidt and designated Group CEO of the new combined company, is very pleased. “I am thrilled and grateful for this successful syndication. It demonstrates the strong support of all involved banks for this transaction and for the new company, which is twice as large as before.”\u003C/p>\n\n\u003Cp>The syndication was significantly oversubscribed with commitments from 16 Swiss, US and European banks. The signing of the credit agreement, which will come into effect concurrent with  the successful closing of the merger with The Shyft Group, follows just three months after the signing of the merger agreement with The Shyft Group on 16 December 2024 and will secure the financing of the new combined group for the next few years. This means that the next milestone on the way to closing has been reached. \u003C/p>\n\n\u003Cp>The senior secured, multicurrency credit agreement includes a partially amortising credit facility in a total amount of $350 million and a revolving credit facility of $250 million, with a term of five years after the first drawdown.\u003C/p>\n","fieldcollection_CTextImage",{"layout":113,"items":235,"__typename":170},[236],{"title":237,"image":105,"externalUrl":117,"relation":117,"target":238,"targetAnchor":117,"cssClasses":117,"urlParametersFrom":105,"__typename":123},"Download Original Press Release",{"filename":239,"fullpath":240,"__typename":197},"AebiSchmidtGroup_Medienmitteilung_250311_EN_SuccessfulFinancing.pdf","/Corporate/Press-Releases/free-to-use/AebiSchmidtGroup_Medienmitteilung_250311_EN_SuccessfulFinancing.pdf",{"210":242,"3445136":243,"3445139":244},"/fr-ca/produits-solutions/produits/","/fr-ca/nouveautes/","/fr-ca/contact/entreprises-nationales-revendeurs/",[246,256,264],{"target":247,"title":255},{"id":248,"name":249,"route":242},210,{"t":250,"b":251},0,{"t":187,"i":252,"s":255},[253],{"t":254},3,"Découvrir les produits",{"target":257,"title":263},{"id":258,"name":259,"route":244},3445139,{"t":250,"b":260},{"t":187,"i":261,"s":263},[262],{"t":254},"Trouver un interlocuteur local",{"target":265,"title":271},{"id":266,"name":267,"route":243},3445136,{"t":250,"b":268},{"t":187,"i":269,"s":271},[270],{"t":254},"Actualités",1776195396063]