BAM Groep Renews Revolving Credit Facility
Koninklijke BAM Groep NV BAMNB:
BAM RENEWS COMMITTED REVOLVING CREDIT FACILITY, NOW LINKED TO SUSTAINABILITY TARGETS
HAS RENEWED ITS COMMITTED REVOLVING CREDIT FACILITY (RCF) WITH A TENOR UNTIL NOVEMBER 2026 LINKED TO ITS SUSTAINABILITY TARGETS
NEW FACILITY OF EUR 330 MILLION HAS A TENOR OF FOUR YEARS WITH TWO ONE-YEAR EXTENSION OPTIONS AND WILL BE USED FOR GENERAL CORPORATE PURPOSES
FACILITY IS A REFINANCING OF EXISTING AND CURRENTLY UNDRAWN COMMITTED REVOLVING CREDIT FACILITY, WHICH WAS DUE TO EXPIRE IN MARCH 2024
FACILITY IS BACKED BY A SYNDICATE OF NINE LEADING EUROPEAN BANKS