RENK €1.05bn unsecured syndicated financing (2026)
Refinance the earlier syndicated loans in full, cut financing costs and fund growth to 2030, including acquisitions
Key terms
- Borrower or issuer
- RENK Group
- Date
- 28 Jul 2026
- Type
- Bank facility
- Amount
- €1.05bn (US$1.2bn)
- Maturity
- 2031-07-28
Recorded terms
- Structure
- Unsecured: €450m term loan, €225m revolving credit facility and €375m syndicated guarantee line; five years with two one-year extension options; previous collateral package released
- Lenders and arrangers
- International banking syndicate (not named); commitments well above the amount needed
- Country
- Germany
Parties
- RENK Group borrower or issuer
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 24 Aug 2026 | Lockheed Martin US$2.25bn 364-day revolving credit facility (2026) | Bank facility | US$2.25bn |
| 11 Jun 2026 | HEICO US$2.2bn revolving credit facility (2026) | Bank facility | US$2.2bn |
| 29 May 2026 | V2X US$869m first lien term loan repricing (2026) | Bank facility | US$868.5m |
| 19 May 2026 | Curtiss-Wright US$1bn revolving credit facility (2026) | Bank facility | US$1bn |
| 8 Oct 2026 | Rheinmetall €1.5bn syndicated revolving credit facility | Bank facility | €1.5bn |
More from RENK Group
| Date | Financing | Type | Amount |
|---|---|---|---|
| 20 Feb 2024 | RENK €1,050m bank financing refinancing the 2025 notes | Bank facility | €1.05bn |
M&A and investment involving RENK Group
| Date | Deal | Type | Value |
|---|---|---|---|
| 7 Feb 2024 | Renk IPO by private placement (Frankfurt) | IPO | €450m |
Sources
- RENK Group AG press release: RENK successfully refinances and expands financial flexibility finanznachrichten.de · 28 Jul 2026
About this record
Record DEF-2026-0030, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ equivalents use approximate annual average exchange rates. Spotted an error or have a document we have missed? Send a correction, and changes are logged on Updates and corrections.
Read the structure
A revolving or term facility is a relationship loan from a bank group, priced at a margin over a reference rate, with financial covenants and an agent.
