Nexity: corporate credit contract arranged


(CercleFinance.com) – Nexity announces an adjustment to its corporate credit contract, the establishments of its banking pool, unanimously, having already exempted it from its obligations in terms of banking ratios, and this until the closing of the 2024 accounts.

This decision follows the sale announced at the beginning of the week by the real estate group of its personal services activities to Bridgepoint, an operation for which it received 400 million euros.

This amount will enable it to significantly accelerate its debt reduction and give itself the room for maneuver necessary for its transformation. A process similar to that with the banking pool is underway with Euro PP bondholders.

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