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Kaufman & Broad Secures New €200M Syndicated Loan

Kaufman & Broad Secures New €200M Syndicated Loan

Kaufman et Broad (FR:KOF) has released an update.

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Kaufman & Broad SA has secured a new €200M syndicated loan with a 5-year maturity, replacing their existing €250M agreement set to mature in January 2025. This strategic financial move will provide the company with extended resource maturity and flexibility for future investments, while incorporating a positive incentive for meeting CSR indicators. The loan was facilitated by major French banks, with Crédit Agricole CIB and Banque Postale advising on CSR coordination.

For further insights into FR:KOF stock, check out TipRanks’ Stock Analysis page.

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