Colliers expands credit facility to US$2.25 billion
Colliers International Group Inc. - Subordinate Voting Shares (CIGI)
Last colliers international group inc. - subordinate voting shares earnings: 4/28 07:00 am
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Source: GlobeNewswire
TORONTO, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX and NASDAQ: CIGI) ("Colliers") today announced the expansion and extension of its unsecured multi-currency revolving credit facility (the “Credit Facility”) for a new five-year term, maturing November 2029. The updated Credit Facility replaces the previous agreement which was set to mature in May 2027 and increases borrowing capacity to $2.25 billion from $1.75 billion. With this expansion, Colliers has over $1 billion of capacity to invest in new growth initiatives. Financial covenants and other key terms remain unchanged. The transaction was led by Bank of Montreal and was syndicated to 12 additional banks including JP Morgan Chase Bank, U.S. Bank, Mizuho Bank, Bank of America, HSBC Bank, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Toronto-Dominion Bank, Royal Bank of Canada, National Bank of Canada, Wells Fargo Bank and Desjardins. The Credit Facility ranks pari passu with Colliers’ ex
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News
- Should You Think About Buying Colliers International Group Inc. (TSE:CIGI) Now? [Yahoo! Finance]Yahoo! Finance
- Colliers International Group Inc. (NASDAQ: CIGI) is now covered by analysts at JPMorgan Chase & Co.. They set a "neutral" rating and a $167.00 price target on the stock.MarketBeat
- Colliers International Group Inc. (NASDAQ: CIGI) is now covered by analysts at JPMorgan Chase & Co.. They set a "neutral" rating and a $167.00 price target on the stock.MarketBeat
- CNBC Partners with Junior Achievement of Utah & Idaho During "Cities of Success" Visit on December 11 [Yahoo! Finance]Yahoo! Finance
- Colliers International Group Inc. (NASDAQ: CIGI) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a "neutral" rating and a $170.00 price target on the stock.MarketBeat
CIGI
Earnings
- 11/5/24 - Miss
CIGI
Sec Filings
- 12/9/24 - Form 144
- 12/9/24 - Form 6-K
- 12/3/24 - Form 6-K
- CIGI's page on the SEC website