Aviation

FACC obtains €190 million consortium loan for expansion

Based on · First reported

FACC obtains €190 million consortium loan for expansion
Image: aerotelegraph.com
  • FACC has secured a €190 million loan from a consortium of seven Austrian and German banks led by UniCredit Bank Austria, with a three‑year term that can be extended twice for one year each.
  • The financing refinances a previous €225 million loan that was due to expire in February 2027 and will support FACC’s plan to invest around €350 million in technology, infrastructure and international growth by 2030, driven by higher production rates and new aircraft programmes and customer projects.
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