# Latécoère approves €193M capital increase for recapitalization

Latécoère's Board of Directors approved a capital increase of approximately €193 million, fully guaranteed by Searchlight Capital Partners, as part of a comprehensive recapitalization plan of approximately €323 million to strengthen its balance sheet and pursue growth.

- Type: Investment
- Announced: 2021-07-15
- Where: France
- Value: $228.0M (193.0M EUR)
- Status: announced
- Products: aerospace components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Latecoere](https://endata.com/companies/17396.md)
- [Searchlight Capital Partners](https://endata.com/companies/38466.md) (investor)

## Sources

- [aerocontact.com](https://www.aerocontact.com/en/aerospace-aviation-news/97012-the-board-of-directors-of-latecoere-approves-a-capital-increase-of-approximately-193-million-euros-and-evolves-the-group-s-governance), 2021-07-15: "The Board of Directors of Latécoère approved in principle a capital increase of approximately 193 million euros with retention of shareholders' preferential subscription rights, fully guaranteed by its reference shareholder Searchlight Capital Partners."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.