Arricano Real Estate PLC Update on Loan Facilities (0580X)
April 29 2021 - 04:00AM
UK Regulatory
TIDMARO
RNS Number : 0580X
Arricano Real Estate PLC
29 April 2021
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
29 April 2021
Arricano Real Estate Plc
(together with its subsidiaries "Arricano")
Update on Loan Facilities
Arricano (AIM: ARO), a leading real estate developer and
shopping mall operator in Ukraine, is pleased to announce the
following update relating to its current loan facility with the
State Savings Bank of Ukraine.
LLC Comfort Market Luks, a subsidiary of the Company, which owns
and operates the Kyiv Shopping Center "Prospekt" entered yesterday
into an amendment to the current loan agreement with State Savings
Bank of Ukraine to decrease the interest rate from 7.5% to 6.5% per
annum.
Current principal outstanding under the loan agreement equals
USD 17 , 2 mln. The loan is repayable in July 2026.
Enquiries:
Arricano Real Estate plc Tel: +357 25 582 535
Ganna Chubotina
Nominated Adviser and Broker: Tel: +44 (0)20 7220 1666
WH Ireland Limited
Chris Fielding
Financial PR: Tel: +44 (0)20 3151 7008
Novella Communications Limited
Tim Robertson/ Fergus Young
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCVKLBLFZLXBBV
(END) Dow Jones Newswires
April 29, 2021 05:00 ET (09:00 GMT)
Arricano Real Estate (LSE:ARO)
Historical Stock Chart
From Feb 2024 to Mar 2024
Arricano Real Estate (LSE:ARO)
Historical Stock Chart
From Mar 2023 to Mar 2024