Cadeler Lands $69.6 Million Term Loan Facility

MT Newswires Live
Dec 01

Cadeler (CDLR) said Monday it entered into a second unsecured green corporate term loan facility totaling 60 million euros ($69.6 million) with a non-committed accordion option of up to 80 million euros.

The facility has a term of up to five years and the proceeds will go toward general corporate purposes, the company said.

Cadeler shares were down 1.1% in recent premarket activity.

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