Amadeus IT Group (AMS.MC) said Thursday it secured a 1.2 billion-euro syndicated bridge loan to fund its planned acquisition of French biometrics and identity services provider Idemia Public Security.
The Spanish software company signed the deal on April 29 to purchase Idemia for 1.2 billion euros. The deal, expected to close in mid-2027, also includes a potential earn-out of up to 150 million euros.
The facility has a one-year maturity, with two six-month extension options.