French banks back Société de la Tour Eiffel with €210m

French listed property company Société de la Tour Eiffel (STE) has signed a €210m revolving credit facility with four lenders to refinance existing debt and to expand. BNP Paribas led the three-year RFC as mandated agent and joint arranger, alongside Crédit Agricole Ile de France, ARKEA Corporate & Institutional Banking and INVESTIMO.

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