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    1. Home
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    3. >Meyer Burger secures extension on maturity of $40 million bridge facility
    Finance

    Meyer Burger Secures Extension on Maturity of $40 Million Bridge Facility

    Published by Global Banking & Finance Review®

    Posted on February 14, 2025

    1 min read

    Last updated: January 26, 2026

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    Tags:solar powerinvestmentMergers and Acquisitionsfinancial communitycorporate bonds

    Quick Summary

    Meyer Burger extends the maturity of its $40M bridge facility to February 21 as it continues merger and acquisition talks with interested parties.

    Meyer Burger Extends $40 Million Bridge Facility Maturity to February

    (Reuters) - Embattled Swiss solar panel maker Meyer Burger has signed an agreement to extend the maturity on a $40 million bridge facility with a group of bondholders to February 21, it said on Friday.

    The facility was signed between the firm and the bondholders on December 6 last year. Meyer Burger is also proceeding with certain interested parties that have provided indicative offers regarding a binding proposal as part of its ongoing merger and acquisition process, it added in its statement.

    (Reporting by Kanjyik Ghosh; Editing by Alan Barona)

    Key Takeaways

    • •Meyer Burger extends $40M bridge facility maturity.
    • •Agreement signed with bondholders until February 21.
    • •Ongoing merger and acquisition process in progress.
    • •Indicative offers received from interested parties.
    • •Swiss solar panel maker seeks financial stability.

    Frequently Asked Questions about Meyer Burger secures extension on maturity of $40 million bridge facility

    1What is the amount of the bridge facility Meyer Burger extended?

    Meyer Burger extended the maturity on a $40 million bridge facility.

    2When was the bridge facility agreement originally signed?

    The facility was signed between the firm and the bondholders on December 6 last year.

    3
    What is the new maturity date for the bridge facility?

    The new maturity date for the bridge facility is February 21.

    4Who are the parties involved in the bridge facility agreement?

    The agreement is between Meyer Burger and a group of bondholders.

    5Is Meyer Burger considering other offers?

    Yes, Meyer Burger is proceeding with certain interested parties that have provided indicative offers regarding a business.

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