Market announcement
Arco Vara AS
Category
Other price sensitive information
Date
22.12.2008 09:29:47
Title
Lühiajaliste laenude refinantseerimine
Message
Arco Vara Grupp refinantseeris Kolde projektiga seotud 95.1 mln krooni (6.1 mln eurot) lühiajalisi laene Sampo pangas. Uus laenu lõpptähtaeg on mai 2010, intressimääraks 6-kuu Euribor+2.0%. Lisainformatsioon Kolde projekti kohta: http://www.kodukolde.ee/ Arco Vara on Baltimaade üks juhtivaid kinnisvaraettevõtteid, mis laieneb Ida-Euroopa turgudel, opereerides juba Ukrainas ja Bulgaarias. Ettevõtte põhitegevuseks on kinnisvaraarendus, mida toetavad enda kinnisvarabürood ja ehitusäri. Firmal on esindused 20 linnas ning grupis töötab 460 inimest. Arco Vara 2007. aasta käive moodustas 727 mln krooni (46 mln eurot), puhaskasum enne vähemusosalusi 235 mln krooni (15 mln eurot) ja bilansimaht 3 564 mln krooni (228 mln eurot). Arco Vara aktsiad on noteeritud Tallinna Börsil. 1 EUR=15,6466 EEK Heigo Metsoja CFO /Juhatuse liige +372 6144 654 heigo.metsoja@arcovara.ee http://www.arcorealestate.com
Title
Refinancing of short-term debt
Message
Arco Group refinanced its short-term debt in Sampo bank in amount of 95.1 mln kroons (6.1 mln euros) in project Kolde in Tallinn, Estonia. New maturity of the debt is May 2010 and interest rate is 6-month Euribor+2.0%. Additional information on project Kolde: http://www.kodukolde.ee/?id=48 Arco Vara is one of the leading real estate developer in the Baltic's, undergoing a SEE expansion with presence established already in Ukraine and Bulgaria. Core business is real estate development supported by brokerage network and construction arm. The company has offices in 20 cities and employs 460 people. According to 2007 results net sales was 727 mln kroons (46 mln euros), net profit before minorities 235 mln kroons (15 mln euros) and assets 3 564 mln kroons (228 mln euros). Arco Vara is listed on Tallinn Stock Exchange. 1 EUR=15,6466 EEK Heigo Metsoja CFO / Member of the Management Board +372 6144 654 heigo.metsoja@arcovara.ee http://www.arcorealestate.com