JEC Group have brought together the international community of composites leaders and executives in our Composites Circle as an unique networking opportunity to meet with both peers and future partners.
TenCate closed a €350 million credit facility with an international syndicate of six banks, with a possible increase of €150 million.
The facility has a five-year term. With this facility, TenCate has renewed the existing €450 million credit facility, which was closed in 2010. Like the existing facility, the new credit facility is flexible with regard to the seasonal patterns in the Net Debt/EBITDA ratio which are characteristic of certain business units, with covenants similar to those of the existing credit facility.More information:www.tencate.com