{"id":477005,"date":"2021-04-15T09:04:00","date_gmt":"2021-04-15T13:04:00","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/jll-maintains-strong-financial-profile-and-liquidity-with-renewed-credit-facility\/"},"modified":"2021-04-15T09:04:00","modified_gmt":"2021-04-15T13:04:00","slug":"jll-maintains-strong-financial-profile-and-liquidity-with-renewed-credit-facility","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/jll-maintains-strong-financial-profile-and-liquidity-with-renewed-credit-facility\/","title":{"rendered":"JLL Maintains Strong Financial Profile and Liquidity with Renewed Credit Facility"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">Credit facility capacity unchanged at $2.75 billion, maturity extended to 2026<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">CHICAGO<\/span>, <span class=\"xn-chron\">April 15, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3129905-1&amp;h=1789128572&amp;u=http%3A%2F%2Fwww.jll.com%2F&amp;a=Jones+Lang+LaSalle+Incorporated\" rel=\"nofollow noopener\">Jones Lang LaSalle Incorporated<\/a> (NYSE:JLL) has amended its bank credit facility to maintain the company&#8217;s operating flexibility and support its growth strategy. The borrowing capacity remains at <span class=\"xn-money\">$2.75 billion<\/span> and the new five-year term extends the maturity from <span class=\"xn-chron\">May 2023<\/span> to <span class=\"xn-chron\">April 2026<\/span>.<\/p>\n<p>In addition, reflecting JLL&#8217;s commitment to advancing its environmental, social and governance (ESG) initiatives and Building a Better Tomorrow strategy, the facility includes incentives linked to achieving certain sustainability goals. These measures include: 1) reducing greenhouse gas emissions consistent with JLL&#8217;s previously announced Science Based Targets and 2) ensuring JLL-occupied buildings over 10,000 square feet obtain sustainability certification by 2030.<\/p>\n<p>&#8220;We appreciate the continued support of our globally diversified relationship bank group and are proud to be an early adopter in the U.S. aligning our sustainability commitments with our financing arrangement,&#8221; said <span class=\"xn-person\">Karen Brennan<\/span>, Chief Financial Officer of JLL. \u00a0\u00a0<\/p>\n<p>BMO Capital Markets Corp. and BofA Securities, Inc. were Joint Lead Arrangers for this transaction.\u00a0 In addition, HSBC Securities (<span class=\"xn-location\">USA<\/span>) Inc., JPMorgan Chase Bank, N.A. and Wells Fargo Securities, LLC were Joint Bookrunners for this transaction.<\/p>\n<p>\n        <b>About JLL<br \/><\/b>JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of <span class=\"xn-money\">$16.6 billion<\/span>, operations in over 80 countries and a global workforce of more than 91,000 as of <span class=\"xn-chron\">December 31, 2020<\/span>. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3129905-1&amp;h=4255467603&amp;u=http%3A%2F%2Fir.jll.com%2F&amp;a=ir.jll.com\" rel=\"nofollow noopener\">ir.jll.com<\/a>.<\/p>\n<p>Connect with us <br \/><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3129905-1&amp;h=513059263&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fjll&amp;a=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fjll\" rel=\"nofollow noopener\">https:\/\/www.linkedin.com\/company\/jll<\/a><br \/><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3129905-1&amp;h=1584740227&amp;u=https%3A%2F%2Fwww.facebook.com%2Fjll&amp;a=https%3A%2F%2Fwww.facebook.com%2Fjll\" rel=\"nofollow noopener\">https:\/\/www.facebook.com\/jll<\/a> \u00a0<br \/><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3129905-1&amp;h=82095220&amp;u=https%3A%2F%2Ftwitter.com%2Fjll&amp;a=https%3A%2F%2Ftwitter.com%2Fjll\" rel=\"nofollow noopener\">https:\/\/twitter.com\/jll<\/a>\u00a0\u00a0<\/p>\n<p>\n        <b>Contact:<\/b>\u00a0Gayle Kantro<br \/><b>P<\/b><b>hone:<\/b>\u00a0+1 312 228 2795<br \/><b>Email:<\/b>\u00a0<a target=\"_blank\" href=\"mailto:Gayle.Kantro@am.jll.com\" rel=\"nofollow noopener\">Gayle.Kantro@am.jll.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder3966\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/487047\/JLL_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/487047\/JLL_Logo.jpg\" title=\"(PRNewsfoto\/JLL-IR)\" alt=\"(PRNewsfoto\/JLL-IR)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder0\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL43463&amp;sd=2021-04-15\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/jll-maintains-strong-financial-profile-and-liquidity-with-renewed-credit-facility-301269795.html\">http:\/\/www.prnewswire.com\/news-releases\/jll-maintains-strong-financial-profile-and-liquidity-with-renewed-credit-facility-301269795.html<\/a><\/p>\n<p>SOURCE  JLL-IR<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL43463&amp;Transmission_Id=202104150900PR_NEWS_USPR_____CL43463&amp;DateId=20210415\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Credit facility capacity unchanged at $2.75 billion, maturity extended to 2026 PR Newswire CHICAGO, April 15, 2021 \/PRNewswire\/ &#8212;\u00a0Jones Lang LaSalle Incorporated (NYSE:JLL) has amended its bank credit facility to maintain the company&#8217;s operating flexibility and support its growth strategy. The borrowing capacity remains at $2.75 billion and the new five-year term extends the maturity from May 2023 to April 2026. In addition, reflecting JLL&#8217;s commitment to advancing its environmental, social and governance (ESG) initiatives and Building a Better Tomorrow strategy, the facility includes incentives linked to achieving certain sustainability goals. These measures include: 1) reducing greenhouse gas emissions consistent with JLL&#8217;s previously announced Science Based Targets and 2) ensuring JLL-occupied buildings over 10,000 square feet obtain sustainability certification by &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/jll-maintains-strong-financial-profile-and-liquidity-with-renewed-credit-facility\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;JLL Maintains Strong Financial Profile and Liquidity with Renewed Credit Facility&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-477005","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>JLL Maintains Strong Financial Profile and Liquidity with Renewed Credit Facility - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/jll-maintains-strong-financial-profile-and-liquidity-with-renewed-credit-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JLL Maintains Strong Financial Profile and Liquidity with Renewed Credit Facility - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Credit facility capacity unchanged at $2.75 billion, maturity extended to 2026 PR Newswire CHICAGO, April 15, 2021 \/PRNewswire\/ &#8212;\u00a0Jones Lang LaSalle Incorporated (NYSE:JLL) has amended its bank credit facility to maintain the company&#8217;s operating flexibility and support its growth strategy. The borrowing capacity remains at $2.75 billion and the new five-year term extends the maturity from May 2023 to April 2026. In addition, reflecting JLL&#8217;s commitment to advancing its environmental, social and governance (ESG) initiatives and Building a Better Tomorrow strategy, the facility includes incentives linked to achieving certain sustainability goals. These measures include: 1) reducing greenhouse gas emissions consistent with JLL&#8217;s previously announced Science Based Targets and 2) ensuring JLL-occupied buildings over 10,000 square feet obtain sustainability certification by &hellip; Continue reading &quot;JLL Maintains Strong Financial Profile and Liquidity with Renewed Credit Facility&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/jll-maintains-strong-financial-profile-and-liquidity-with-renewed-credit-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-15T13:04:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/487047\/JLL_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jll-maintains-strong-financial-profile-and-liquidity-with-renewed-credit-facility\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jll-maintains-strong-financial-profile-and-liquidity-with-renewed-credit-facility\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"JLL Maintains Strong Financial Profile and Liquidity with Renewed Credit Facility\",\"datePublished\":\"2021-04-15T13:04:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jll-maintains-strong-financial-profile-and-liquidity-with-renewed-credit-facility\\\/\"},\"wordCount\":344,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jll-maintains-strong-financial-profile-and-liquidity-with-renewed-credit-facility\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/487047\\\/JLL_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jll-maintains-strong-financial-profile-and-liquidity-with-renewed-credit-facility\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jll-maintains-strong-financial-profile-and-liquidity-with-renewed-credit-facility\\\/\",\"name\":\"JLL Maintains Strong Financial Profile and Liquidity with Renewed Credit Facility - 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