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

2528

Submission date and time

15.12.2009 09:56:14

Content of announcement in Estonian

Title

„Ahtri 3” projekti laenu pikendamine

Message

Arco Vara kontsern pikendas Tallinnas asuva projekti „Ahtri 3” laenu Sampo
pangas kuue kuu võrra. Laenusumma on 94,3 mln krooni (6,0 mln eurot) ja intress
on kuue kuu Euribor, millele lisandub marginaal 3,75%, muud tingimused jäid
samaks. Kuue kuu jooksul teenindab Kontsern ainult intressi. 

Arco Vara on Baltimaade üks juhtivaid kinnisvaraarenduse ettevõtteid, asutatud
1992. aastal. Ettevõtte põhitegevuseks on kinnisvaraarendus, mida toetavad enda
kinnisvaravahendus ja hindamine, ehitus ning kinnisvarahaldus. Firmal on
esindused 18 linnas Eestis, Lätis, Ukrainas ja Bulgaarias. Kontsernis töötab ca
250 inimest. Arco Vara AS aktsiad on noteeritud Tallinna Börsil. 

1 euro = 15,6466 Eesti krooni

Lembit Tampere
Juhatuse liige
Arco Vara AS
Tel: +372 614 4630
[email protected]
http://www.arcorealestate.com/

Content of announcement in English

Title

Prolongation of “Ahtri 3” project loan

Message

Arco Vara Group prolonged Sampo Bank's loan for „Ahtri 3“ project in Tallinn by
6 months. Loan amount is 94.3 mln kroons (6.0 mln euros) and interest 6-month
Euribor plus margin 3.75%. Other loan conditions remained the same. During
6-month period the Group pays only interest. 

Arco Vara is a leading real estate developer in the Baltic's, established in
1992. The operations involve real estate development, brokerage, valuation,
construction and property maintenance arm. The company is located in 18 cities
in Estonia, Latvia, Ukraine and Bulgaria and employs approx. 250 people. Arco
Vara AS is listed on Tallinn Stock Exchange. 

EUR 1 = EEK 15.6466

Lembit Tampere
CEO
Arco Vara AS
phone: +372 614 4630
[email protected]
http://www.arcorealestate.com/