Sign inAmplifon follows strong 2024 revenue by obtaining 175m euros financing
The Milan-based Amplifon group has annual revenues of over 2.4 billion euros, and does business through a network of over 10,000 points of sale in 26 Countries and 5 continents. The Italian retail giant has now procured two new credit lines, thus diversifying funding sources and strengthening liquidity.
Amplifon has announced the signing of a five-year term sustainability-linked credit facility totaling 175 million euros through Intesa Sanpaolo, the largest banking group in Italy. This new financing follows the group's recent reports on a good year for growth in 2024.
With these two credit lines - the 175 million euro package breaks down into a revolving credit line for 100 million euros and a term loan for 75 million euros - the total amount of sustainability-linked financing subscribed by Amplifon, including revolving credit facilities, reaches 1 billion euros.
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