Market announcement

Arco Vara AS

Category

Other price sensitive information

Date

16.04.2010 16:29:21

Title

„Navigator” ja „Tivoli“ projekti laenu pikendamine

Message

Arco Vara kontsern pikendas Tallinnas asuvate projektide „Navigator“ (Laeva 2)
ning „Tivoli“ (Narva mnt 67) laene SEB pangas olemasolevatel tingimustel kuni
30.juunini 2010. „Navigator“ projekti laenujääk on 20 mln krooni (1,3 mln
eurot) ja „Tivoli“ projekti laenujääk on 82,5 mln krooni (5,3 mln eurot).
Intressimäär on 6 kuu Euribor, millele lisandub marginaal 2,75%. 

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 17 linnas Eestis, Lätis, Ukrainas ja Bulgaarias. Kontsernis töötab ca
170 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
info@arcovara.ee
http://www.arcorealestate.com/

Title

Prolongation of „Navigator” and „Tivoli“ projects loans

Message

Arco Vara Group prolonged under the same conditions SEB Bank's loans for        
„Navigator“ (Laeva 2) and „Tivoli“  (Narva road 67) projects in Tallinn till    
30th of June 2010. Remained loan for “Navigator” project is 20 mio kroons (1,3  
mio euros) and for “Tivoli” project 82,5mio kroons (5,3 mio euros). Interest    
rate is 6-month Euribor plus margin 2.75%.                                      

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 17 cities  
in Estonia, Latvia, Ukraine and Bulgaria and employs approx. 170 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                                                            
info@arcovara.ee                                                                
http://www.arcorealestate.com/