Brief: Arco Vara As Subsidiary Extended The Loan Agreement With Piraeus Bank

Arco Vara AS

09/01/2018 10:23

Jan 9 (Reuters) - Arco Vara As  ARC1T.TL : 
    * SUBSIDIARY EXTENDED THE LOAN AGREEMENT WITH PIRAEUS BANK 
    * ARCO INVEST EOOD 100% SUBSIDIARY OF ARCO VARA AS, HAS 
SIGNED AN 
AGREEMENT WITH PIRAEUS BANK BULGARIA PLC 
    * LOAN WAS EXTENDED UNTIL 30.12.2019 WITH TWO PRINCIPAL 
REPAYMENTS 
OF 500 THOUSAND EUROS EACH 
    * LOAN INTEREST WAS DECREASED TO 4.5%. LOAN BALANCE WAS 8.57 
MILLION EUROS AS OF 31.12.2017 
 
Source text for Eikon:  ID:nTSE7jf6  
Further company coverage:  ARC1T.TL  
 
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