Brief: KBC Ancora Reduces And Rearranges Its Debt

Kbc Ancora NV

07/03/2019 19:20

March 7 (Reuters) - KBC Ancora CVA  KBCA.BR :
    * KBC ANCORA REDUCES AND REARRANGES ITS DEBT
    * KBC ANCORA HAS EXTENDED 143 MILLION EURO OF 175 MILLION EURO FINANCIAL
DEBT, DUE
AT END OF MAY 2019, FOR A PERIOD OF 5 YEARS
    * EXPECTED INTEREST CHARGES WILL DECREASE BY 0.7 MILLION EURO ON AN ANNUAL
BASIS
    * AFTER THIS REARRANGEMENT, LONG-TERM FINANCIAL DEBT OF KBC ANCORA AMOUNTS
TO 343
MILLION EURO

Source text for Eikon:  ID:nGNE6gDgJX 
Further company coverage:  KBCA.BR 

 ((Reuters.Briefs@thomsonreuters.com;))