Kaufman & Broad: new syndicated loan agreement
(CercleFinance.com) - Kaufman & Broad has signed a E200m syndicated credit facility with an initial maturity of five years, replacing the existing E250m 'RCF 2019' syndicated credit facility maturing in January 2025.
The establishment of this corporate line will enable the real estate group to extend the maturity of its resources, while giving it flexibility of use according to needs and opportunities, in addition to its free cash.
This facility, underwritten with leading French banking institutions, incorporates a 'positive incentive' mechanism based on several CSR indicators, testifying to the company's environmental commitment.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The establishment of this corporate line will enable the real estate group to extend the maturity of its resources, while giving it flexibility of use according to needs and opportunities, in addition to its free cash.
This facility, underwritten with leading French banking institutions, incorporates a 'positive incentive' mechanism based on several CSR indicators, testifying to the company's environmental commitment.
Copyright (c) 2024 CercleFinance.com. All rights reserved.