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Oct 9, 2025 4:00 AM

THEON signs a new €300 million Senior Facility Agreement

PRESS RELEASE

Bloomberg (THEON:NA) / Reuters (THEON.AS)

9 October 2025, Theon International Plc (THEON) has signed a new €300 million senior facility agreement with a syndicate of 9 leading international and Greek banks.

The revolving credit facility has a tenor of 5 years and can be upsized, if required, to €400 million. The proceeds will be used for the refinancing of existing short-term debt, supporting general corporate purposes and possibly financing larger acquisitions.

BNP Paribas acted as bookrunner and coordinator, with Commerzbank acting as facility agent. Norton Rose Fulbright acted as lead advisor for THEON, while Ashurst acted as legal advisor to the bank syndicate.

Dimitris Parthenis, Group CFO of THEON, stated: "We ...