---
title: Long-term financing sustainably secured
date: 2022-10-31T17:45:43+01:00
author: Markus von Allmen
canonical_url: "https://autoneum.com/news/long-term-financing-sustainably-secured"
section: News (Detail)
---
The credit line specified under the new agreement remains at CHF 350 million and includes a substantial financial reserve for the Company. The main provisions of the previous loan agreement also apply unchanged to the new loan agreement, which runs for five years until October 31, 2027.

“We are pleased to have concluded this loan agreement, which secures the Group’s long-term financing,” said Bernhard Wiehl, Chief Financial Officer at Autoneum. “It is also important to say at this point that Autoneum has managed to further strengthen its financial stability over the last three years despite the corona crisis and a challenging environment in the automotive industry. Positive cash flow development over the past two years has enabled Autoneum to continuously reduce net debt since 2020.” With the syndicated loan, the Group’s liquidity and long-term financing continue to be sustainably secured through a broad-based syndicate of twelve banks.

- 0.2 MB  \|  PDF  \|  EN
    
     [  Media Release: Long-term financing sustainably secured (PDF) ](https://autoneum.com/content/content-images/Documents/221031_Media-Release_Long-term-financing-sustainably-secured.pdf)
 
 

 

 

  ![](https://autoneum.com/content/content-images/Image/6_Contact/_1200x1600_crop_center-center_none/14094/autoneum-contact-investors.webp)  

### Bernhard Weber

 Head Financial Services & IR

 

   [ investors@autoneum.com ](mailto:investors@autoneum.com) 

  [ +41 52 244 82 07 ](tel:+41%2052%20244%2082%2007) 

  

 

 

  ![](https://autoneum.com/content/content-images/Image/6_Contact/_1200x1600_crop_center-center_none/13947/autoneum-image-contact-media_relations.webp)  

### Ulrike Reich

 Head Corporate Communications

 

   [ corporate.communications@autoneum.com ](mailto:corporate.communications@autoneum.com) 

  [ +41 52 244 83 88 ](tel:+41%2052%20244%2083%2088)