F.I.S. increases revolver to €80 million after paydown

Chicago, Dec. 13 – Italy’s Fabbrica Italiana Sintetici (F.I.S.) announced it increased the total commitments under its revolving credit facility to €80 million, according to a press release.

The €30 million increase follows a repayment of all outstanding amounts drawn under a senior secured revolver from an add-on issue of €50 million sustainability-linked senior notes.

The issuer is a Milan-based producer of chemicals for the pharmaceutical industry. The sale of the company to Bain Capital Private Equity (Europe) from Nine Trees Group SpA closed on Dec. 12.

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