- Laser communication equipment manufacturer Mynaric AG (NASDAQ:MYNA) signed financing in total €80.6 million to refinance existing indebtedness and support growth.
- Under the arrangement, the lenders will provide a $75 million (€68.2 million) secured five-year term loan facility.
- Two affiliates will acquire an aggregate equity stake of approximately 9.1% in Mynaric AG for €12.4 million.
- The net proceeds of the term loan and the equity investment of €75.1 million will be used to repay the company’s existing debt under the May 2022 credit agreement and to support the near-to-medium term business plan.
- For FY23, the company’s Optical Communications Terminal Backlog and Cash-in from Customer Contracts are expected to increase significantly.
Grifols Said Is Aware Of The Recent False Information And Speculations Published By Gotham City Research Regarding The Company’s Accounting And Financial Disclosure Information; Said We Categorically Deny And Reject Any Allegations
Grifols is aware of the recent false information and speculations published by Gotham City Research regarding the company's accounting and financial disclosure information. As a company committed to transparency,
