Icade signs a 12-year, €200 million mortgage financing loan (FR)

Icade continues to proactively manage its debts schedule and the diversification of its financial resources with the signing of a 12-year mortgage financing loan, for a total amount of €200 million backed by the Parc du Pont de Flandre. The entire amount of this operation was raised through the Allianz Group.

This new financing operation is the next step after the banking "Club Deal" agreement concluded in July 2012; moreover, not only does it attest to the attractiveness of business parks as standardized portfolio assets, but also to the quality of Icade's credit.

The bank coordinating this operation is Crédit Agricole CIB.

Source: Icade

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