Solutions 30 edges up on new credit facility

Solutions 30 SE

20/11/2024 08:49

** Shares in Solutions 30  S30.PA  rise 2.3% after the
Luxembourg-based new technologies company announced the closing
of a 120 million euros ($127 million) credit facility
    ** The loan will allow the group to refinance its existing
debt and allow potential M&A transactions in the Energy sector,
it says
    ** Jefferies says this is "reassuring news against a
backdrop of poor visibility on end-of-year sales" 
    ** Solutions 30 shares are still down 65% year-to-date



($1 = 0.9457 euros)

 (Reporting by Alban Kacher)
 ((alban.kacher@thomsonreuters.com))