Colliers expands credit facility to US$2.25 billion
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Colliers International Group Inc. has expanded its unsecured multi-currency revolving credit facility to $2.25 billion, extending the term to November 2029.
November 29, 2024 | 2:15 pm
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Colliers International Group Inc. has expanded its credit facility to $2.25 billion, extending the term to November 2029, which enhances its financial flexibility.
The expansion of the credit facility increases Colliers' borrowing capacity, providing more financial flexibility for future investments or operations. This is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
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