Kapsch TrafficCom AG Secures Long-Term Financing Until 2030

Vienna-based Kapsch TrafficCom AG has finalized a long-term financing agreement with its main banking partners, extending until March 29, 2030. This agreement marks the successful culmination of their previous restructuring efforts.

The achievement of the key objectives under the prior restructuring deal has led to the release of the pledge on the company's shares held by the majority shareholder, KAPSCH-Group Beteiligungs GmbH. This release signifies a notable shift in the company's financial strategy.

Kapsch TrafficCom expressed gratitude towards its banking partners for their cooperation and highlighted the expectation of a continuous partnership. The company's commitment to a sustainable financial path is evident through this strategic financing agreement.