1st Nov 2019 09:26
(Alliance News) - Globalworth Real Estate Investments Ltd on Friday said it has entered into a EUR200 million facility with a number of lenders.
The revolving credit facility has a four-and-a-half year term and has an additional EUR50 million accordion option.
Globalworth said: "The board of Globalworth considers that the revolving credit facility will provide the company with flexible, committed capital at an attractive interest rate."
The participating lenders include Deutsche Bank AG, JPMorgan Chase Bank NA, Intesa Sanpaolo SpA and BRD Groupe Societe Generale SA, a Romanian investee of French banking giant Societe Generale SA.
Globalworth shares were untraded at EUR9.30 each in London on Friday morning.
By Eric Cunha; [email protected]
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