Flexible Electronics News

Beontag Secures Loan of €120 Million from Syndicate Led by Deutsche Bank

This is the inaugural transaction in the European Loan Market, and first fundraising outside LATAM, for the Brazilian-founded multinational.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Beontag – one of the world’s largest manufacturers of self-adhesives and smart tags (such as digital labels, and labeling technology solutions like RFID and NFC) – announced that Tags Lux Sarl., a wholly owned subsidiary of the company, has secured and closed a binding agreement for a syndicated loan of €120 million with global banks and Deutsche Bank as sole lead arranger. Beontag, the second largest provider of digital RFID and NFC solutions for some of the world’s biggest fashion and consu...

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