Vitura (Paris:VTR) announces that it has successfully concluded a €94 million credit agreement to extend the maturity of an existing loan to 2025 and strengthen the Group’s financial structure.
The loan is secured by the Hanami campus, a 34,000 sq.m. property complex located in Rueil Malmaison just outside Paris, composed of eight office buildings surrounded by 25,000 sq.m. of greenery. Certified both NF HQE™ Exploitation «Excellent» and BREEAM In-Use International «Very Good», the asset features outstanding amenities and services, as well as three large tree-lined terraces. As from 2023, the campus will benefit from Vitura’s low-carbon strategy and will be connected to a geothermal energy grid, giving tenants access to renewable, competitively priced energy while saving 430 metric tons of CO2 emissions per year.
As part of the transaction, Société Générale and La Banque Postale acted as arrangers and hedging banks and Société Générale acted as facility & security agent.