Finance

Meyer Burger secures extension on maturity of $40 million bridge facility

Published by Global Banking & Finance Review

Posted on February 14, 2025

1 min read

· Last updated: January 26, 2026

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(Reuters) - Embattled Swiss solar panel maker Meyer Burger has signed an agreement to extend the maturity on a $40 million bridge facility with a group of bondholders to February 21, it said on Friday

Meyer Burger Extends $40 Million Bridge Facility Maturity to February

(Reuters) - Embattled Swiss solar panel maker Meyer Burger has signed an agreement to extend the maturity on a $40 million bridge facility with a group of bondholders to February 21, it said on Friday.

The facility was signed between the firm and the bondholders on December 6 last year. Meyer Burger is also proceeding with certain interested parties that have provided indicative offers regarding a binding proposal as part of its ongoing merger and acquisition process, it added in its statement.

(Reporting by Kanjyik Ghosh; Editing by Alan Barona)

Key Takeaways

  • Meyer Burger extends $40M bridge facility maturity.
  • Agreement signed with bondholders until February 21.
  • Ongoing merger and acquisition process in progress.
  • Indicative offers received from interested parties.
  • Swiss solar panel maker seeks financial stability.

Frequently Asked Questions

What is the amount of the bridge facility Meyer Burger extended?
Meyer Burger extended the maturity on a $40 million bridge facility.
When was the bridge facility agreement originally signed?
The facility was signed between the firm and the bondholders on December 6 last year.
What is the new maturity date for the bridge facility?
The new maturity date for the bridge facility is February 21.
Who are the parties involved in the bridge facility agreement?
The agreement is between Meyer Burger and a group of bondholders.
Is Meyer Burger considering other offers?
Yes, Meyer Burger is proceeding with certain interested parties that have provided indicative offers regarding a business.

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