FACC Secures €190 million Consortium Loan to Fund Growth Programme
FACC obtained a €190 million loan from a consortium of seven Austrian and German banks, with UniCredit Bank Austria acting as the lead lender.1
The three‑year loan, which can be extended twice for one year each, will finance FACC's growth plan that targets around €350 million of investments by 2030, focusing on automation, new technologies and expanding production capacity, in anticipation of an expected 42,000 new passenger jets worldwide by 2045.1