Nexity gets bondholder, banking syndicate approval for adjustment

Chicago, April 23 – Nexity announced that its euro private placement bondholders voted in favor of exempting Nexity from its bank ratios until its financial statements for the financial year 2024 are approved, according to an announcement.

The banks in the company’s banking syndicate already unanimously exempted the group from the same obligations.

In the coming weeks, the company will re-launch a technical consultation to finalize the alignment of the banking and bond documentation, in particular the negative pledge and cross-default clauses.

Nexity is a Paris-based real estate group.

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