IRES REIT

Debt refinancing

  • Sectors : Real Estate
  • Companies : IRES REIT

Ratings and price correct at time of issue.

  • IRES REIT

    Closing Price: 92.0c

  • RATING 08/05/15

  • PREVIOUS RATING N/A

Person's Name

Colin Grant

Analyst

DAVY VIEW

IRES has announced the successful refinancing of its €500m revolving credit facility (RCF) with an additional €200m accordion facility. The overall cost of the RCF of around 3.8% is unchanged from 2024. Its hedging facilities have also been updated, maintaining the overall level of fixed rate debt at 85%.

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Mar 18 2025, 08:31 GMT

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