Real Money: CBRE Lines Up ING Financing

CB Richard Ellis Group Inc. has raised $800 million of new term loans under its credit agreement to finance the acquisition of the real estate investment management businesses it is acquiring from Netherlands-based ING Group NV.

As previously reported, CBRE entered into definitive agreements to acquire substantially all of the ING Real Estate Investment Management (ING REIM) operations in Europe and Asia, as well as Clarion Real Estate Securities…

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