Raketech repays its previous loan facility in full
As a final step in optimising its capital structure post-IPO, Raketech has repaid the outstanding debt of EUR 7.7 million from its previous loan facility. As a result of the payment, Raketech decreases its financial expenses by approximately EUR 0.2 million per quarter.Since Raketech’s IPO in 2018, the company has prioritised optimising its capital structure by settling the existing loan and securing more favourable bank financing. The company entered an agreement with Swedbank in December for a revolving credit facility of EUR 10 million. Andreas Kovacs, CFO at Raketech, commented: “To