Cicor Technologies Secures CHF425 Million Financing

01:48 AM EDT, 08/07/2026 (MT Newswires) -- Cicor Technologies (CICN.SW) said Friday it signed a new 425 million-Swiss-franc unsecured financing agreement with a consortium of lenders, replacing existing credit facilities ahead of their autumn 2027 maturity. The package includes a 150 million-franc multicurrency revolving facility, a 125 million-franc amortizing term loan, and a 150 million-franc bullet acquisition term loan. It also includes an uncommitted term loan of up to 120 million francs, subject to certain conditions. The new facilities have a four-year term with two one-year extension options. Following the refinancing, the Swiss electronic components company expects to have nearly 300 million francs of available financing capacity to fund acquisitions, organic growth, and working-capital needs. Commerzbank and Landesbank Baden-Württemberg acted as mandated lead arrangers and bookrunners for the financing.