This new USPP allows us to optimize our financing, meet refinancing obligations and extend the maturity of our debt, while the agreed terms highlight the strength of Quadient’s credit profile.” Stephen Valvona, Director at MIM said: "We are delighted to support Quadient with this new financing, enabling the Company to further diversify its sources of funding and extend its debt maturity profile, while also providing additional capacity for future borrowing through the shelf facility.” About Quadient® Quadient is a global automation platform provider powering secure and sustainable business connections through digital and physical channels.
Quadient strengthens its financial position through a USD100 million US Private Placement from MetLife Paris, January 22, 2025 Quadient S.A.(Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, today announces that it has signed a new USD100 million US Private Placement (USPP) with MetLife Investment Management ("MIM”), reinforcing its financial position.
Since the beginning of the financial year 2024 and including this transaction, Quadient has successfully raised the equivalent of €330 million through various financial instruments including a Schuldschein, term loans and this USPP, all contributing towards the repayment of existing credit lines maturing in 2025 notably a bond issue with an outstanding amount of €260 million, bearing a 2.25% coupon and a €29 million Schuldschein tranche.
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