Meyer Burger Secures Up to $39 Million in Financing
The company also appointed Alvarez & Marsal as restructuring advisor
December 10, 2024
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Meyer Burger, a manufacturer of solar cells and modules, secured a bridge loan facility of up to $39.48 million to be drawn in multiple tranches upon the satisfaction of certain milestones. The maturity date of the facility is January 17, 2025. The initial tranche of $19.7 million is expected to be drawn immediately.
