Lenzing Secures €545 Mn Loan; Logs Net Profit Of €31.7 Mn In Q12025
The Lenzing Group, a global leader in regenerated cellulose fibres for the textile and nonwovens industries, has secured a €545 million syndicated loan to bolster its liquidity ahead of upcoming refinancing needs. The financing includes a €355 million term loan and a €190 million revolving credit facility, both with a three-year maturity and options to extend for up to two additional years.
The loan was arranged by a banking consortium led by Commerzbank AG, Erste Group Bank AG, and Raiffeisen Bank International AG, acting as coordinators, mandated lead arrangers, and bookrunners. BNP Paribas and UniCredit Bank Austria AG also served as mandated lead arrangers and bookrunners.
“In today’s uncertain market environment, this successful financing at attractive terms is a strong vote of confidence in Lenzing’s position in the global fibre market,” said Nico Reiner, CFO of the Lenzing Group. “It strengthens our financial foundation and supports our strategy as a leading integrated fibre company.”
Lenzing reported continued business improvement in Q1 2025, despite the slow recovery of global textile markets. Revenue increased 4.8% year-on-year to €690.2 million. EBITDA more than doubled to €156.1 million, supported by one-off gains, while net profit reached €31.7 million, reversing a loss of €26.9 million in Q1 2024. This marks Lenzing’s first positive quarterly result since Q3 2022. The company expects higher EBITDA for the full year 2025 compared to 2024.
