Theon International Plc (THEON) has signed a new €300 million financing agreement with a consortium of 9 leading international and Greek banks. The contract involves a 5-year revolving credit facility, with the option to increase to €400 million if required. The proceeds will be used to refinance existing short-term debt and cover general corporate purposes, potentially including financing larger corporate acquisitions.
BNP Paribas acted as lead arranger and coordinator, while Commerzbank serves as agent for the financing agreement. The financing scheme also includes ING Netherlands, Piraeus Bank, Alpha Bank, National Bank, Eurobank, Optima Bank & AB Bank. Norton Rose Fulbright acted as THEON’s lead counsel, while Ashurst provided legal services to the banking consortium.
Dimitris Parthenis, Chief Financial Officer of THEON, stated: “We are proud to have secured this financing with strong support from leading financial institutions, which reflects their confidence in THEON’s future plans. This agreement, under exceptionally competitive terms, supports our continued efforts for organic and inorganic growth, strengthening our financial flexibility and enabling us to respond immediately to new opportunities that may arise in the future.”
THEON will present its Financial Results for Q3 2025 on November 3, 2025, and will hold a Capital Markets Day on November 6, 2025 in Athens, where it will analyze the THEON NEXT vision and strategy.