Brief: BAM Groep Renews Revolving Credit Facility

Koninklijke BAM Groep NV

01/12/2022 07:09

Dec 1 (Reuters) - Koninklijke BAM Groep NV  BAMN.AS :
    * 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

Further company coverage:  BAMN.AS 
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