ARRICANO REAL ESTATE PLC (FRA:CY010294) Amendment to Loan Agreement
Transparency directive : regulatory news
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Arricano Real Estate Plc (ARO)
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
29 March 2021
Arricano Real Estate Plc (together with its subsidiaries "Arricano")
Amendment to the loan agreement 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 TASCOMBANK JSC. PRIVATE JOINT-STOCK COMPANY "UKRPANGROUP", a subsidiary of Arricano, on 26 March 2021, entered into an amendment to the current USD 12.0 million loan agreement with TASCOMBANK JSC to decrease the interest rate from 9.75% to 8% per annum. The loan is repayable in June 2024.
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 |
| ISIN: | CY0102941610 |
| Category Code: | MSCM |
| TIDM: | ARO |
| LEI Code: | 213800F8AMPULEKXFX22 |
| OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: | 96533 |
| EQS News ID: | 1179400 |
| End of Announcement | EQS News Service |
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