Royal Swets & Zeitlinger Holding NV has announced plans to strengthen its share capital by 45 million euros. The shares will be privately placed with existing shareholders, including NPM Capital and Cobepa. The funds will be used to accelerate investments in e-services and provide a financially stable basis both for the coming renewal season and for the long-term future. Furthermore, the company has also announced a multi-year credit facility of 150 million euros with ABN AMRO and ING, which is intended to guarantee prepayments of clients.
Royal Swets & Zeitlinger Holding NV is an international information group. Headquartered in Lisse, the Netherlands, Swets & Zeitlinger is a print and electronic service provider of scientific and professional information for the academic, corporate, and governmental markets. Swets & Zeitlinger's activities are incorporated in the following divisions: Extenza, Swets Information Services, Swets Backsets Service, and Swets Farrington Document Systems.
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