Nexity has announced an amendment to its corporate credit agreement, with the institutions in its banking pool unanimously waiving its obligations under banking ratios until the close of its 2024 financial statements.

This decision follows the real estate group's announcement earlier this week of the sale of its retail services business to Bridgepoint, a transaction for which it received 400 million euros.

This amount will enable it to significantly accelerate its debt reduction and give itself the room to maneuver necessary for its transformation. A similar approach to that taken with the banking pool is underway with Euro PP bondholders.

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