PropertyEU

Klepierre secures EUR 1bn loan

By A staff reporter 2007-09-24T00:00:00

Klepierre, the French shopping centre manager, has signed a EUR 1 bn line of credit to be syndicated among five banks. The loan, initially launched for EUR 800 mln, features a seven-year term and financing covenants identical to those for the January 2006 syndicated loan agreement. It has a margin ...

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