Brief: Akfen REIT's two units secures a total credit of EUR 44.0 mln
Nov 18 (Reuters) - Akfen REIT AKFGY.IS :
* Units Russian Hotel Investment BV (RHI) and Hotel
Development Investment BV (HDI) secure a total credit of 44.0
million euros ($46.86 million) from Credit Europe Bank
* RHI secures 25.25 million euros, HDI secures 18.750
million euros
* The credit is with 2 years grace period, 10 years maturity
and will be used for refinancing of existing loans
Source text for Eikon: ID:nIKAGsh25a
Further company coverage: AKFGY.IS
($1 = 0.9389 euros)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))
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