24 March 2014
On March 24 2014, construction company Dura Vermeer achieved agreement with its bank syndicate on refinancing and extending its existing credit facilities. During both the designing and negotiations of this refinancing as well as the wording of the Dutch LMA documentation, Dura Vermeer has been accompanied by Integrated Finance Solutions (IFS) BV. Credit facilities for the amount of € 213,5 million were provided by Rabobank, ING and newcomer NIBC.
Dura Vermeer
Dura Vermeer is a top ten player in the Dutch construction industry, with almost 160 years experience in building and infrastructure. The scope of products and services vary from development and construction of residential buildings, offices and multifunctional centres, to the preparation of the grounds, designing, constructing and maintaining of roads, bridges, viaducts and tunnels, building and maintaining railroads, constructing underground piping and cabling, and cleaning polluted soil. Dura Vermeer operates exclusively in the Netherlands and particularly addresses the growing need among consumers for quality and sustainable solutions and services in the areas of liveability, housing, working, recreating, mobility and safety.
Further information?
For more information please contact Integrated Finance Solutions (IFS) at +31 30 760 2110.
