Brief: BBI Development SPV Ups Investment Loan To 110 Mln Zlotys

Bbi Development SA

30/10/2019 09:12

Oct 30 (Reuters) - BBI Development SA  BBD.WA :
    * SAID ON TUESDAY ITS SPV CENTRUM PRASKIE KONESER HAS UPPED
ITS
INVESTMENT LOAN WITH BANK PEKAO TO EUR 110 MLN
    * SAID INVESTMENT LOAN IS MEANT TO FINANCE SPV'S "KWARTAL
CENTRALNY" BUILDING PROJECT
    * SAID INCREASING THE LOAN TOTAL MAKES CONSTRUCTION LOAN
CONVERSION POSSIBLE AND IS A STEP TOWARD COMMERCIALIZING THE
PROJECT THROUGH ITS SALE

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM2xS1RQa
    
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