FACC Secures €190 million Consortium Loan to Fund Growth Programme
Based on · First reported
Sources
- FACC obtained a €190 million loan from a consortium of seven Austrian and German banks, with UniCredit Bank Austria acting as the lead lender.
- 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.
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