Brief: Arco Vara Issues 2-Year Bonds Worth EUR 2.1 Million

Arco Vara AS

14/12/2022 07:07

Dec 14 (Reuters) - Arco Vara AS  ARC1T.TL :
    * ARCO VARA BOND ISSUE
    * CONDUCTED A BOND ISSUE AS A RESULT OF WHICH BONDS IN THE
AMOUNT
OF EUR 2.1 MILLION WERE ISSUED
    * MATURITY DATE IS DEC 13 2024 WITH INTEREST RATE 10% PER
YEAR
    * PROCEEDS OF THE BOND ISSUE WILL BE USED FOR FINANCING THE
DEVELOPMENT OF KODULAHE KVARTAL PROJECT

Source text:  ID:nGNE1ZtWJ8 
 
Further company coverage:  ARC1T.TL 
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