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Arctic Paper Secures EUR 80 Million Refinancing to Boost Sustainable Projects

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Arctic Paper Secures EUR 80 Million Refinancing to Boost Sustainable Projects

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Arctic Paper S.A. ( (PL:ATC) ) has issued an update.

Arctic Paper S.A. has entered into a significant refinancing agreement with a consortium of banks, securing a EUR 20 million investment term facility and a EUR 60 million revolving facility. This agreement is aimed at refinancing existing facilities and supporting the company’s ongoing biomass drying and pellet production project, as well as general corporate purposes, highlighting Arctic Paper’s strategic financial management and commitment to sustainable energy projects.

More about Arctic Paper S.A.

Arctic Paper S.A. operates in the paper industry, focusing on the production of high-quality graphical paper. The company is known for its commitment to sustainable practices and serves a diverse market, including publishing and printing sectors.

For an in-depth examination of ATC stock, go to TipRanks’ Overview page.

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