Global Sourcing Spotlight: How to Evaluate Supplier Capabilities Worldwide
The Knowledge Base: Cultivating Your Brand in the Age of Connection
SMT Perspectives and Prospects: Warren Buffett’s Perpetual Wisdom, Part 2
Cicor Strengthens Financial Flexibility with New Financing
July 4, 2017 | CicorEstimated reading time: 1 minute
Cicor signed a new syndicated loan facility on Friday 30 June 2017 with a financing framework to the amount of 75 million Swiss francs.
The financing will be used to preserve long-term financial flexibility and guarantees the Cicor Group's continuing growth. The credit, arranged by a banking consortium under the guidance of the Commerzbank AG, has a term of four years with two options for extension by an additional year each time, thus making a maximum term of six years.
With the new financing arrangement, the credit agreement of 65 million Swiss francs signed in December 2014 and due to expire at the end of 2017 is replaced early. In addition to the longer term and higher volume of the new syndicated loan, Cicor may also benefit from more advantageous conditions.
About Cicor
Cicor is a global development and manufacturing partner with innovative technology solutions in the electronics industry. With around 1,900 employees at ten production sites, Cicor produces highly-complex printed circuit boards, hybrids and 3D-MID solutions and offers complete plastic injection-molded electronics and plastics services. The Group supplies high-quality customized solutions from the design to the finished product for its international customers. The shares of Cicor Technologies Ltd. are listed on the SIX Swiss Exchange (CICN). For further information, please click here.
Share on:
Testimonial
"In a year when every marketing dollar mattered, I chose to keep I-Connect007 in our 2025 plan. Their commitment to high-quality, insightful content aligns with Koh Young’s values and helps readers navigate a changing industry. "
Brent Fischthal - Koh YoungSuggested Items
SINBON Celebrates Opening of New US Manufacturing Facility
08/21/2025 | PRNewswireLeading electronics system integrator SINBON Electronics Co., Ltd. held an opening ceremony on August 18 to celebrate its new 59,000-square-foot facility in Clayton, Ohio.
PEDC Call for Abstracts Deadline Extended to Aug. 31
08/20/2025 | I-Connect007 Editorial TeamThe second Pan-European Electronics Design Conference (PEDC) will take place Jan. 21-22, 2026, in Prague, Czech Republic. The call for abstracts deadline has been extended to Aug. 31. Organized jointly by the German Electronics Design and Manufacturing Association (FED) and the Global Electronics Association (formerly IPC), PEDC serves as a European platform for knowledge exchange, networking, and innovation in electronics design and development.
Nano Silver Inks Market Forecast Report 2025-2030
08/20/2025 | Globe NewswireThe Nano Silver Inks Market is expected to grow from USD 427.415 million in 2025 to USD 836.160 million in 2030, at a CAGR of 14.36%.
VVDN Expands Manufacturing Footprint into the UAE to Meet Global Demand
08/20/2025 | PRNewswireVVDN Technologies, a global provider of software, product engineering and electronics manufacturing services & solutions, today announced it is setting up a new manufacturing facility in the UAE as part of its global expansion strategy.
Kimball Electronics Veterans ERG Members Proudly Participate in the 5th Annual Honor and Remember Run
08/20/2025 | Kimball ElectronicsVeterans and Military Service Advocacy (VMSA) Employee Resource Group (ERG) members Michael Mosher (Database Administration Engineer), Michael Stone (Test Technician Team Lead), and Joshua Belcher (Application Development Manager) took part in the 5th Annual Honor & Remember Run, a meaningful event dedicated to honoring fallen service members. The race featured a powerful memorial wall constructed from dog tags.