WASHINGTON (dpa-AFX) - CBRE Group, Inc. (CBG) said FRiday that it is in talks with its lenders about potentially amending its existing credit agreement regarding its revolving credit facility and Tranche A term loan.
The amendment would increase its revolving credit facility to up to $2.5 billion and refinance its existing Tranche A term loan with a new $500 million Tranche A term loan.
As of September 30, there was a $149.2 million balance under the existing revolving credit facility and a $443.7 million balance on the existing Tranche A term loan.
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