on UET United Electronic Technology AG (ETR:CFC)
Aconnic AG Extends EUR 23 Million Debt Financing
aconnic AG, based in Munich, has extended its existing debt financing of EUR 23 million. Originally set for repayment by July 31, 2025, the financing agreement has now been extended by one year. This decision is linked to an ongoing capital increase and the issuance of a convertible bond totaling EUR 18 million, both yet to be finalized.
CEO Werner Neubauer cites market trends of complex, delayed processes in customer projects and financing activities as reasons for the extension. He expressed appreciation for the flexibility of the company's debt investors, which is seen as crucial for aconnic AG’s continued corporate development.
The audited annual report will be published following the capital increase, with the annual general meeting scheduled for November 2025.
R. H.
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