Brief: Adler Group Signs An Amendment To The Loan Agreement On The Granting Of A Loan In An Amount Of Up To Eur 200 Mln To Its Subsidiary

Adler SA

15/08/2022 06:35

Aug 15(Reuters) - ADLER GROUP SA  ADJ.DE :
    * SAID ON SUNDAY: ADLER REAL ESTATE AKTIENGESELLSCHAFT
SIGNED AN
AMENDMENT TO THE LOAN AGREEMENT ON THE GRANTING OF A LOAN IN AN
AMOUNT OF UP TO EUR 200 MILLION TO ITS SUBSIDIARY, BRACK CAPITAL
PROPERTIES N.V. (“BCP“), ON AUGUST 14, 202
    * BY WAY OF THE AMENDMENT, THE MATURITY DATE OF THE LOAN IS
EXTENDED FROM MAY 23, 2022 TO DECEMBER 29, 2023. IN ADDITION,
THE AVAILABILITY PERIOD RELATING TO THE UNUTILISED COMMITMENTS
HAS BEEN EXTENDED

        
 Further company coverage:  ADJ.DE  

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