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2020-08-18

Amendment to the loan agreement

Arricano Real Estate Plc (ARO)
Amendment to the loan agreement

18-Aug-2020 / 07:00 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

18 August 2020

 

Arricano Real Estate Plc

(together with its subsidiaries "Arricano")

Amendment to the loan agreement

 

Arricano is pleased to announce that yesterday it agreed the following reduction in interest rate from 10.75% to 9.75% per annum on the USD12.0 million loan agreement with Tascombank JSC 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.:82291
EQS News ID:1119667



 
End of AnnouncementEQS News Service

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