Deal announcement Exel Composites Oyj

Type of deal: Debt advisory

Sector: Industrials

PwC's Debt & Capital Advisory team acted as a debt advisor for Exel Composites Oyj in the refinancing of its existing bank loans with a new financing agreement of EUR 52.4 million. The new financing agreement was completed in connection with a rights offering, raising EUR 20 million in net proceeds. This dual financial strategy has allowed Exel Composites to strengthen its capital structure and expedite the implementation of its transformative strategy.

Date: Deal announcement 1 of July 2024

PwC’s role: Commercial and Financial advice in negotiating and securing the financing agreement for Exel Composites Oyj.

Press release