on SOCIETE ANONYME D' EXPLOSIFS ET DE PRODUITS CHIMIQUES (isin : FR0014003AQ4)
New Canadian dollar financing for EPC Group
EPC Groupe has signed three bank loans with Société Générale, totaling CAD 25 million, or approximately €16 million, over seven years. This financing supports their development in Ontario and Quebec.
Half of the funds refinance existing loans on improved terms, while the other half finances investments, including a new plant in Ontario and the modernization of MFQ's iron ore mine in Quebec. These loans, backed by interest rate and foreign exchange swaps, will be progressive and amortized over seven years.
This plan reflects EPC Group's ability to improve its financing while continuing its development. The group remains committed to innovation for its clients in the mining and infrastructure sectors.
R. E.
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