Brief: 7c Solarparken completes re-financing of its largest PV installation
30/06/2017 09:57
June 30 (Reuters) - 7C SOLARPARKEN AG HRPKk.DE :
* PTA-NEWS: 7C SOLARPARKEN AG: 7C SOLARPARKEN COMPLETES THE RE-FINANCING OF ITS LARGEST PV
INSTALLATION
* AT YEAR-END 2016, PROJECT LOAN WITH A NOMINAL VALUE OF EUR 12.9 MIO (IFRS VALUE: EUR 14.3
MIO) CARRIED A FIXED INTEREST RATE OF 5.4%
* REFINANCING ARRANGEMENT IS STRUCTURED AS A NON-RECOURSE PROJECT LOAN WITH A MATURITY
UNTIL 2025, BUT IT ENJOYS A MORE FAVORABLE FIXED INTEREST RATE OF 1.8%
* ANNUAL SAVING IN FIRST FULL YEAR WILL THEREFORE AMOUNT TO EUR 0.4 MIO
Source text for Eikon: ID:nPexyKdNna
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