Brief: Spain's Merlin to use Testa-sale proceeds to cut debt

Testa Residencial SOCIMI SA

18/09/2018 10:24

Sept 18 (Reuters) - Spain's Merlin  MRL.MC :
    * SAYS IT WILL USE PROCEEDS FROM TESTA  YTST.MC  SALE TO CUT
DEBT
    * SAYS IT IS AIMING FOR A LOAN-TO-VALUE RATIO BELOW 43
PERCENT
END-2018 VERSUS 43.3 PERCENT CURRENTLY

Source text for Eikon:  ID:nFWN1VW0B3 
Further company coverage:  MRL.MC 

 (Reporting by Madrid Newsroom)
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