ReutersReuters

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

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