Brief: Arco Vara's Arco Invest Eood Signs A Loan Agreement With Raiffeisenbank In Bulgaria

Arco Vara AS

13/12/2019 08:57

Dec 13 (Reuters) - Arco Vara AS  ARC1T.TL :
    * ARCO VARA AS SAYS ITS ARCO INVEST EOOD SIGNS A LOAN
AGREEMENT
WITH RAIFFEISENBANK IN BULGARIA  AMOUNTING 6 MILLION EUROS
    * ARCO VARA AS SAYS TO REFINANCE BANK LOAN RECEIVED FROM
PIRAEUS
BANK FOR MADRID BLVD PROJECT, WHICH WAS BECOMING DUE AT END OF
2019
    * ARCO VARA AS SAYS TERM OF NEW LOAN IS NEARLY 5 YEARS AND
AGREEMENT FORESEES MODEST QUARTERLY REPAYMENTS WITH ONE LARGER
REPAYMENT IN OCTOBER 2024

Source text for Eikon:  ID:nGNE2NKGVj 
Further company coverage:  ARC1T.TL 

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