Brookfield Real Estate Services Inc. Completes Amended and Restated Credit Agreements
|Areas||Banking and Finance Law|
Goodmans represented Brookfield Real Estate Services Inc. (TSX: BRE) (the “Company”), a leading provider of services to residential real estate brokers and their REALTORS®1 in the completion of its amended finance arrangements with the Canadian Imperial Bank of Commerce. The amended and restated arrangements are effective from January 1, 2019. The main amendments to the Debt Facilities include: an extension of the committed Debt Facilities to December 31, 2023 and an increase in the maximum borrowings under the Debt Facilities from $78 million to $80 million.