WDP further strengthens liquidity through a syndicated loan of 440 million euros

WDP successfully placed a syndicated loan facility with a consortium of international banks. The proceeds from the loan will be used to fund the company’s pre-let real estate developments and Energy as a business-strategy, according to WDP’s Green Finance Framework. The effective fixed interest rate for the company on the 7-year bullet loan maturing in 2030 is 1.5% (including the pre-hedging instrument put in place at the start of the year).