Brack Capital Real Estate Inv N.V Refinancing of Bank loans in Russia - extension (7850N)
August 11 2017 - 5:30AM
UK Regulatory
TIDMBCRE
RNS Number : 7850N
Brack Capital Real Estate Inv N.V
11 August 2017
11 August 2017
BCRE - Brack Capital Real Estate Investments N.V.
("BCRE" or the "Company")
Extension of completion date for the refinancing of bank loans
in Russia
Further to the announcement on 21 December 2016, the Company
hereby announces that the date for the completion of the conditions
precedent with respect to the refinancing of the existing bank loan
facilities entered into by subsidiaries or associates of BCRE
Russia in December 2016 has been extended until 1 December 2017.
The Company shall make further announcements of the final key
amendments when the refinancing will be completed.
ENQUIRIES:
BCRE-Brack Capital Real Estate Investment N.V.
Ariel Podrojski, Chief Executive Officer
Nansia Koutsou, Chief Financial Officer / Chief Operating Officer +31 20 514 1004
Novella Communications
Tim Robertson
Toby Andrews +44 203 151 7008
About BCRE
BCRE is an international real estate development and investment
group, headquartered in the Netherlands and listed on the London
Stock Exchange. Through its subsidiary and associated undertakings,
the Company is interested in, develops and operates an
international portfolio of real estate assets in the markets it
operates.
The Company has established local management team platforms with
significant local market expertise. At present, the Company has
offices and teams in New York, London, Moscow, Kazan, New Delhi,
Amsterdam and Limassol.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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