Market announcement
Arco Vara AS
LEI code
097900BHCB0000066171
Size of the entity
Small group
Economic activities
Professional, Scientific and Technical Activities
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
1422
Submission date and time
20.02.2008 09:32:20
Content of announcement in Estonian
Title
Laenulepingu sõlmimine
Message
Arco Invest EOOD, Arco Investeeringute AS'i tütarettevõtte, sõlmis Piraeus Bank Bulgaria Plc.-ga laenulepingu mahus 219 mEEK (14 mEUR). Laenuga finantseeritakse Bulgaarias Sofias Manastirski projekti ehitust. Laenu tähtaeg on 48 kuud, maksepuhkus 24 kuud ja baasintress 3k EURIBOR, millele lisandub korterite müügitempost sõltuv marginaal 2,25% kuni 2,75%. Manastirski projekt asub Sofia kesklinnast ca 2 km kaugusel 8990 m2 suurusel kinnistul. Detailplaneeringujärgne maapealne ja -alune ehitusõigus kokku on 34 700 m2. Ettevõte plaanib sinna järgmise kolme aasta jooksul ehitada äri- ja elupindasid. Lisainformatsioon: Heigo Metsoja Investorsuhete juht +372 6144 654 [email protected] http://www.arcorealestate.com
Content of announcement in English
Title
Loan agreement
Message
Arco Invest EOOD, a subsidiary of Arco Investeeringute AS, concluded a loan agreement with Piraeus Bank Bulgaria Plc. in amount of 219 mEEK (14 mEUR) The purpose of the loan is the financing of construction of Manastirski project in Bulgaria in Sofia. Maturity of the loan is 48 months with a grace period 24 months. Interest is based on 3m EURIBOR and the margin 2,25% to 2,75% depends on the sales of the apartments. The project is located 2km from the city centre and involves 8990m2 of land. According to the zoning rights the above and underground construction volume in total is 34 700 m2. In three years the company plans to construct there commercial and residential spaces. Additional information: Heigo Metsoja IRO +372 6144 654 [email protected] http://www.arcorealestate.com