on EIFFAGE (EPA:FGR)
Eiffage Secures Renewal of €2 Billion Revolving Credit Facility
Eiffage has announced the renewal of its €2 billion revolving credit facility (RCF). This renewal was signed today and oversubscribed by a syndicate of 17 banks, showcasing their confidence in the Group. The facility is free from financial covenants and extends Eiffage’s financing horizon by five years, with the option for two one-year extensions.
The RCF, currently undrawn, aims to support general corporate purposes, aligning with Eiffage’s prudent liquidity management strategy. The participation of 17 relationship banks highlights strong backing and trust in Eiffage's financial strategy and future prospects.
R. P.
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