PolyPeptide announces expansion of existing credit facilities
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PolyPeptide Group
/ Key word(s): Financing/Financing
Media release Baar, 23 May 2025 – PolyPeptide Group AG (SIX: PPGN), a specialized, global CDMO for peptide-based active pharmaceutical ingredients, today announced that it has secured additional financing under its revolving credit facility (RCF), as well as further support from its main shareholder. With UBS as the coordinator and agent, the bank consortium including Danske Bank and Zürcher Kantonalbank have agreed to increase the available capital commitments by EUR 40 million to EUR 151 million and extend the term of its existing revolving credit facility (RCF) to March 2028. In parallel, Draupnir Holding B.V. has strengthened its support as the Group’s main shareholder and extended the term of the existing amounts outstanding under its unsecured short-term facility with the group. The agreements enhance the Group’s financial flexibility, as it continues its growth journey toward doubling 2023 revenue by 2028. Marc Augustin, CFO of PolyPeptide: “The aim of PolyPeptide’s growth strategy is to meet the strong and increasing customer demand. The financing agreements will enable PolyPeptide to take advantage of emerging opportunities, including in the metabolic and GLP-1 space.” Contact PolyPeptide Group AG Michael Stäheli Head of Investor Relations & Corporate Communications michael.staeheli@polypeptide.com T: +41 43 502 0580 About PolyPeptide PolyPeptide Group AG and its consolidated subsidiaries (“PolyPeptide”) is a specialized Contract Development & Manufacturing Organization (CDMO) for peptide- and oligonucleotide-based active pharmaceutical ingredients. By supporting its customers mainly in pharma and biotech, it contributes to the health of millions of patients across the world. PolyPeptide serves a fast-growing market, offering products and services from pre-clinical to commercial stages. Its broad portfolio reflects the opportunities in drug therapies across areas and with significant exposure to metabolic diseases, including GLP-1. Dating back to 1952, PolyPeptide today runs a global network of six GMP-certified facilities in Europe, the U.S. and India. PolyPeptide’s shares (SIX: PPGN) are listed on SIX Swiss Exchange. Disclaimer This media release has been prepared by PolyPeptide Group AG and contains certain forward-looking statements that reflect the current views of management. Such statements are subject to known and unknown risks, uncertainties and other factors that may cause actual developments to differ materially from those expressed or implied in this release. PolyPeptide Group AG is providing the information in this release as of this date and, except as required by applicable laws or regulations, does not undertake any obligation to update any statements contained in it as a result of new information, future events or otherwise. Additional features: File: Final PolyPeptide_RCF_E_FINAL
End of Media Release |
| Language: | English |
| Company: | PolyPeptide Group |
| Neuhofstrasse 24 | |
| 6340 Baar | |
| Switzerland | |
| Phone: | +41435020580 |
| E-mail: | mediateam@polypeptide.com |
| Internet: | www.polypeptide.com |
| ISIN: | CH1110760852 |
| Valor: | 111076085 |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 2143926 |
| End of News | EQS News Service |
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2143926 23.05.2025 CET/CEST
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