The improved Group financing is one of the operational excellence measures in place to position the company even better for the future and move it to a higher growth path. Rüdiger Andreas Günther (CEO) explains: "The funding agreement that has been concluded reflects FP's strengthened position on the market. With significantly greater flexibility to take action, we now have a very good basis to drive the FP Group's profitable growth in the years to come."

Steen Associates acted as sole debt adviser to FP advising on participants, structure and negotiations of the syndicated loan agreement. Joerg Freimund, Partner at Steen Associates said "This transaction demonstrates Steen's ability to support its clients in all types of complex corporate finance transactions ‎and highlights Steen's expertise in the field of debt advisory."

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