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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Vinci | EU:DG | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.95 | 0.86% | 111.10 | 110.60 | 111.70 | 112.30 | 110.55 | 112.20 | 995,286 | 16:40:00 |
From Oct 2023 to Apr 2024
By Adria Calatayud
Vinci renewed a revolving credit line with a bank syndicate, reducing its size to 6.5 billion euros ($7.13 billion) from EUR8.0 billion previously.
The French construction group said late Wednesday that it decided to lower the amount of the credit line, which is aimed to fund its general requirements and is currently unused, in light of an increase in its available cash in recent years.
The maturity has been extended until January 2029, with two renewal options for an additional year each, while the number of participating banks increased to 23 from 21 previously, Vinci said.
The company said the transaction was largely oversubscribed.
Write to Adria Calatayud at adria.calatayud@wsj.com
(END) Dow Jones Newswires
January 11, 2024 01:19 ET (06:19 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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