Brief: Marti Otel Isletmeleri Sells 2 Hotels To Denizbank With Buyback Option Within 9 Years
April 14 (Reuters) - MARTI OTEL ISLETMELERI MARTI.IS :
* SAID ON TUESDAY SELLS MARTI RESORT OTEL AND LA PERLA OTEL
FOR
$42 MILLION TO DENIZBANK WITH BUYBACK OPTION IN 9 YEARS
* WITHIN SCOPE OF BUYBACK AGREEMENT OPERATING RIGHTS OF BOTH
HOTELS TO BELONG CO
* TO USE FUNDS OCCURING DUE TO SALE TO PAY DEBTS TO
DENIZBANK
Source text for Eikon: urn:newsml:reuters.com:*:nIKA3hZsHF
Further company coverage: MARTI.IS
(Gdansk Newsroom)
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