Brief: Nbg Pangaea To Issue Up To EUR 300 Million Common Secured Bond Loan Facility

Prodea Real Estate Investment SA

16/07/2019 07:56

July 16 (Reuters) - NBG Pangaea Real Estate Investment Co
 PANGr.AT :
    * SAYS TO ISSUE OF AN UP TO EUR 300 MILLION COMMON SECURED
BOND
LOAN FACILITY
    * SAYS EXCLUSIVELY UNDERWRITTEN IN FULL BY NATIONAL BANK OF
GREECE
S.A. AND EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT
    * SAYS FACILITY’S RESPECTIVE UNDERWRITING AMOUNTS ARE EUR
250
MILLION FOR NBG AND EUR 50 MILLION FOR EBRD
    * SAYS AMOUNT OF EUR 237.5 MILLION WAS USED TO REFINANCE
OUTSTANDING DEBT OF THE COMPANY
    * SAYS REMAINING AMOUNT OF EUR 62.5 MILLION WILL BE USED TO
FINANCE PART OF THE COMPANY’S INVESTMENT PLAN

Source text : https://bit.ly/2Ss6U25  
Further company coverage:  PANGr.AT 

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