Article: United States: KLEPIERRE Raises 750 Million Euros in the Bank Lending Market.

Byline: sander03

On Wednesday and Thursday, June 11 & 12, 2008 Klepierre (Paris:LI) signed a term loan for 750 million euros(usd 1,154,512,256.4000), syndicated with six banks. This new loan, due in June 2011, will be used primarily to refinance a 600 million euro(usd 923,609,805.1200) bond with 6.125% coupon interest, maturing on July 10, 2008. The mandated arrangers and lenders are BNP Paribas (coordinator, documentation and credit agent), Banque de l Economie du Commerce et de la Monetique (Credit Mutuel group), Credit Foncier de France (Caisse d Epargne group), ING Real Estate Finance, Landesbank Hessen-Thuringen Girozentrale and Intesa San Paolo (lender).

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