CTP signs extension of Revolving Credit Facility
AMSTERDAM, 20 February 2023 – CTP today announces that it successfully signed an extension of its Revolving Credit Facility (“RCF”).
The size of the RCF, which has a maturity of 3 years with two 1-year extension options, was increased from €400 million to €500 million. While initially a standard margin is applicable, there is the potential to make the facility sustainability-linked with the margin depending on CTP’s achievement on certain defined sustainability KPI’s.
The 10 lenders represent a mix of commercial banks active in the CEE region and international banks.
CTP will publish its FY-2022 results on 3 March 2022.
Contact details for analyst and investor enquiries:
Head of Investor Relations
Mobile: +420 730 197 500
Contact details for media enquiries:
Group Head of Marketing & PR
Mobile: +31 6 29 59 61 19
CTP is Continental Europe’s largest listed owner, developer and manager of logistics and industrial real estate by GLA, owning over 9.9 million sqm of space across 10 countries as at 30 September 2022. CTP certifies all new buildings to BREEAM Very good or better and earned a ‘Low-Risk’ ESG rating by Sustainalytics, underlining its commitment to being a sustainable business. For more information, visit CTP’s corporate website: www.ctp.eu