Cadeler A/S Sponsored ADR (CDLR) has released an update.
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Cadeler A/S has enhanced its financial capacity by securing improved terms for its M-Class vessel financing of approximately USD 456 million and expanding its RCF-B facility by a year, alongside doubling its uncommitted guarantee lines to EUR 200 million to capitalize on market opportunities. The company’s banking partners and export credit agencies have displayed confidence in Cadeler’s growth strategy within the offshore wind industry. These strategic financial moves are set to provide Cadeler with the flexibility to continue its expansion and maintain its position as an industry leader.
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