Kindred signs a new EUR 216.7 million revolving credit facility
Kindred announces that the existing facilities agreement dated 23 July 2019 will be refinanced with a new revolving credit facility.On 11 November 2021, Kindred Group plc (Kindred) has signed a new EUR 216.7 million multi-currency revolving credit facility agreement with two Nordic banks. The new credit facility has an uncommitted accordion feature that permits, under certain conditions, an increase in total commitments up to EUR 325 million. The facility is committed for a tenor of three years, with a one-year extension option. The loan proceeds will be used to refinance the amounts