Ontex Group borrows remaining €270 million of revolving facility

By Wendy Van Sickle

Columbus, Ohio, April 9 – Ontex Group NV said its management has decided to draw down the remaining €270 million of its revolving credit facility.

The decision was made as a precaution to provide financial flexibility due to the many uncertainties arising from the Covid-19 pandemic, according to a news release.

Ontex is an Aalst, Belgium-based manufacturer and distributor of hygienic disposable products.

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