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WHA Wereldhave NV

13.58
0.08 (0.59%)
06 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Wereldhave NV EU:WHA Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.08 0.59% 13.58 13.56 13.60 13.60 13.46 13.54 139,672 16:40:00

Wereldhave strengthens financial profile with over € 130m in debt facilities

07/09/2020 6:30am

GlobeNewswire Inc.


Wereldhave NV (EU:WHA)
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Wereldhave strengthens financial profile with over € 130m in debt facilities

Wereldhave N.V. (“Wereldhave”) is pleased to announce agreement on new and amended debt facilities representing over € 130m. This increases the financial headroom for Wereldhave, whereby all debt obligations are covered until Q3 2022. The facilities are with several financial institutions and are priced at lower rates than the average cost of debt maturing in the next twelve months.Dennis de Vreede, CFO of Wereldhave: “These transactions mark an important step in the improvement of our liquidity position, particularly against this period of a challenging economic backdrop. It confirms the widely received confidence of our relationship banks in Wereldhave, our strategy and the strength of our property portfolio. Going forward, we will continue to be committed to further improve our financial profile as it is a key enabler to our LifeCentral transformation strategy. By successfully executing on our disposal and liquidity preservation program, we should be able to further strengthen our financial profile in the coming year.”

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