Meyer Burger secures extension on maturity of $40 million bridge facility

Meyer Burger Technology AG

14/02/2025 18:56

Feb 14 (Reuters) - Embattled Swiss solar panel maker Meyer Burger  MBTN.S  has signed an
agreement to extend the maturity on a $40 million bridge facility with a group of bondholders to
February 21, it said on Friday.
    The facility was signed between the firm and the bondholders on December 6 last year. Meyer
Burger is also proceeding with certain interested parties that have provided indicative offers
regarding a binding proposal as part of its ongoing merger and acquisition process, it added in
its statement.  

 (Reporting by Kanjyik Ghosh; Editing by Alan Barona)
 ((Kanjyik.Ghosh@thomsonreuters.com))