completes refinancing

Nov 03, 2022 Netherlands
Back to all insights Coöperatief U.A. (the “ Company”), direct parent company of Total Specific Solutions (TSS) B.V. (“TSS”), today announced that it has completed the refinancing of its revolving credit facility (“RCF”) providing the Company with EUR 550 million committed financing until at least October 2027. The new RCF has an initial term of five years with an extension option for two additional one year periods. Besides improved terms and conditions, the Company also has the option to increase the facility by an additional EUR 150 million uncommitted incremental facility. The facilities will be applied towards general corporate and working capital purposes as well as the financing of future acquisitions.

Robin van Poelje, CEO of Topicus comments: “We are proud of the renewal of the long-term partnership with our existing group of Lenders and would like to specifically welcome two new Lenders that have now joined as Lender under this RCF. The new facility will provide us ample opportunity to further grow our group by adding new and interesting vertical market software companies through M&A. Share: