Nexity €2.3 billion syndicated credit facility

Overview:

• Nexity, a real estate development company, has obtained a €2.3 billion syndicate corporate credit facility which expires in July 2023.
• The financing is comprised of a €500 million cash credit line and €1.8 billion in guarantee commitments.
• The facility was provided by a syndicate of seven financial institutions: Banque Européenne du Crédit Mutuel, CACIB, Caisse Régionale de Crédit Agricole Mutuel de Paris et d’Ile de France, Arkéa Banque Entreprises et Institutionnels, Natixis (with its subsidiary CEGC), Socfim (BPCE), and Société Générale. 

Laura Mendes - Researcher