(AOF) – METabolic EXplorer announced the signing on May 12 of the legal documentation for a syndicated financing of a maximum amount of 100 million euros with Société Générale Coordinator and Co-arranger, Crédit du Nord/Banque Nuger Co-arranger, LCL Co-arranger, Crédit Agricole Brie-Picardie, Co-arranger, Caisse d’Epargne et de Prévoyance Auvergne Limousin Co-arranger, BNP Paribas and Banque Populaire Alsace Lorraine Champagne having joined the participation pool.
This operation will contribute to financing the group’s investment plans previously announced and corresponding to an amount of 70 million euros over four years, as well as to strengthening general needs.
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French chemistry in full acceleration
After France relaunch (2 billion euros devoted to 135 chemical projects), the State presented the France 2030 plan, which gives pride of place to chemicals. This recognition supports the visibility of the sector, which plans to recruit 120,000 people over the next five years. This corresponds to a significant increase taking into account the total workforce (approximately 200,000 employees). It responds to the aging of active ingredients in chemicals. The objective is also to support the dynamics of the sector, which has enjoyed growth of 1.4% per year on average for fifteen years, against a decline of 1.2% for industry in general. The rise of new sectors (materials for batteries, biosourced and biotechnology products, activities linked to the circular economy, etc.) is reconfiguring the market.