Druces advises GS Technologies on US$10 million unsecured loan facility

"Druces advised GS Technologies Ltd (LSE: GST) on a US$10 million unsecured term loan facility with Clarivan Group Kommanditbolag. The facility is available in two US$5m tranches drawable in July and August 2026, maturing 31 July 2030, to support working capital, growth and potential acquisitions."

Druces advised GS Technologies Ltd (LSE: GST) on a US$10 million unsecured term loan facility agreement with Clarivan Group Kommanditbolag, a company incorporated in Sweden. The facility is structured in two tranches of US$5 million each. Tranche 1 is drawable in July 2026 and tranche 2 in August 2026, and the facility matures on 31 July 2030. GSTechnologies will use the proceeds to provide additional working capital and financial flexibility as it advances strategic growth initiatives, including potential strategic acquisitions. GSTechnologies operates its core businesses through subsidiaries, including foreign exchange services provided by its FCA-authorised subsidiary Angra Global. The company has operations across the UK, Europe and Singapore. Druces represented GS Technologies Ltd with a team composed by: Jack Dervyn (Partner and Head of Capital Markets) and Mark Lamph (Senior Associate). Tone Goh, Executive Chairman of GSTechnologies, commented that Jack and the Druces team provided sterling service and sound legal advice during preparation and negotiations of the facility agreement. Jack Dervyn congratulated GST on entering into the facility and said the firm prides itself on working hand in hand with clients to achieve their goals.

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Druces advises GS Technologies on US$10 million unsecured loan facility

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Druces advises GS Technologies on US$10 million unsecured loan facility

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