RiverFort Group participates in a €5m advance on a Term Loan Facility With Gaussin SA (ALGAU)

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Nov 14, 2022, 03:00 ET

LONDON, Nov. 14, 2022 /PRNewswire/ -- RiverFort are pleased to announce that Gaussin has entered into a new term loan with RiverFort Global Opportunities PCC and YA II with an initial advance of €5m.

Gaussin, listed on the Euronext Growth in Paris, is an engineering technology company that designs, assembles, and offers zero-emission, smart and connected vehicles for freight transportation and people mobility to enable off-road and on-road applications. Gaussin also has expertise in logistics processes, autonomous technologies, and emerging energy solutions.

The financing will complement the €4m equity raised by Gaussin in October 2022, and support the Company's ability to fulfil its strong €89.5m order book as of October 15, 2022.

For more information regarding the financing, please visit Gaussin's website on for the announcement of 10 November 2022 (https://www.gaussin.com/press-releases)

RiverFort Global Capital: LinkedIn (https://www.linkedin.com/company/riverfort-global-capital-ltd)

RiverFort Global Capital: Website (www.riverfort.com)

RiverFort Global Capital: Email ([email protected])

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SOURCE RiverFort Global Capital