Romain Lecerf’s Post

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Business & Solutions Manager | South Europe Region (France, Spain & Italy) | Strategic Business Developer | M&A | New Business Development | Digital Supply-Chain | Green Vehicles | Business Transformation

One more achievement to close 2023 that allow us to grow sustainably further and expand with a strong balance sheet / liquidity position to support long-term success and new investments for our customers. #sustainablegrowth #funding #preparethefuture #successjourney

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Thrilled to announce TIP Group's successful raise of €425M in Borrowing Base Facilities (BBF) and €65M in Asset Backed Securitisation Arrangements (ABS)! 🚀   The BBF, now at €2.3B, supports our growth with 8 new lenders joining. The ABS, totaling €265M, reinforces our commitment to long-term success.   President and CEO Bob Fast: “This increase allows us to grow further, and to broaden our geographical presence.” CFO Hans van Lierop adds, “We are closing 2023 with a strong balance sheet and liquidity position to support our long-term vision”   We extend our appreciation to ABN AMRO, ING Bank, Rabo bank, DLA Piper, and Freshfields Bruckhaus Deringer for their collaboration.   For more details, read the full article: https://lnkd.in/en8AhTZ2 #TIPGroup #FinancialUpdate #BusinessExpansion #Logistics #Transportation 

TIP Group raising additional liquidity under its Borrowing Base Facilities (BBF) and Asset Backed Securitisation Arrangements (ABS) | TIP Group

TIP Group raising additional liquidity under its Borrowing Base Facilities (BBF) and Asset Backed Securitisation Arrangements (ABS) | TIP Group

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