Brief: Ekter Issued Common Bond Loan Up To EUR 2.5 Million

Ekter Building Real Estate Hotel Commercial Industrial SA

25/11/2020 13:53

Nov 25 (Reuters) - Ekter SA  EKTr.AT :
    * EKTER SA ANNOUNCES THAT ON NOV.9 ISSUED, THROUGH PRIVATE
PLACEMENT, JOINT, PAPER COMMON BOND LOAN UP TO EUR 2.5 MILLION
    * EKTER SA SAYS PURPOSE OF LOAN IS TO REFINANCE THE
COMPANY'S
EXISTING SHORT-TERM BORROWING
    * EKTER SA SAYS LOAN CAPITAL WILL BE REPAID IN TEN EQUAL
SEMI-ANNUAL INSTALLMENTS, AMOUNTING TO EUR 250,000 EACH, THE
FIRST OF WHICH WILL BE PAYABLE ON JUN.30, 2021
    * EKTER SA SAYS LOAN HAS INTEREST RATE OF EURIBOR 360 DAYS
PLUS AN
ANNUAL MARGIN OF 3,75%

Source text: https://bit.ly/2V1pBM8
Further company coverage:  EKTr.AT 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))