GKD Successfully Secures Syndicated Loan

The loan has a five-year term and was structured by a consortium of banks led by Commerzbank. Additional participating banks include NRW.BANK and Sparkasse Düren.

“With this syndicated loan, we are enhancing our financial flexibility and establishing a solid foundation for the execution of our strategic goals. “In a challenging market environment, the trust placed in us by the participating banks strengthens our position and provides planning certainty for the years ahead,” says Ilonka von Bodman, CFO of the GKD Group,” said Ilonka von Bodman, CFO of the GKD Group.

The funds will primarily be used to modernize core production areas, strengthen technological capabilities, and further advance the development of the company.