LOS ANGELES—CBRE Group, Inc. says it is in discussions with its lenders about the potential to refinance the term loan debt outstanding under its credit agreement and to amend its credit agreement. The company expects that, after such refinancing, it would have approximately $715 million of term loans outstanding under its amended credit agreement. In connection with the refinancing and the amendment, the company is targeting secured revolving credit facilities in an aggregate principal amount of approximately $1 billion.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
