Brief: Marfin Investment Group issues 2 bond loans, cancels capital increase

MIG Holdings SA

20/03/2015 15:09

March 20 (Reuters) - Marfin Investment Group Holdings SA 
 MRFR.AT : 
    * Issues new bond loan of 50 million euros ($53.86 million), 
covered by Piraeus Bank SA  BOPR.AT  
    * Says loan's duration is 3 years 
    * Says loan to cover liquidity and finance investment plans 
    * Approves other 3-year bond loan of 115 million euros in 2 
parts, also covered by Piraeus Bank 
    * Says second bond loan to refinance existing loans 
    * Says is in talks with other banks for refinancing of 
outstanding loans 
    * Cancels its Jan. 19, 2015 decision to increase share 
capital by 300 million euros 
    * Says share capital increase to be discussed in future 
board meetings after financial developments in Greece become 
clearer 
 
     
Source text: http://bit.ly/1LA2KOS 
     
Further company coverage:  MRFR.AT  
 
($1 = 0.9284 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 39 20;))