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

2747

Submission date and time

21.05.2010 16:09:12

Content of announcement in Estonian

Title

Kommertspaberite ennetähtaegne lunastamine

Message

Arco Vara AS lunastas ennetähtaegselt 18,9 mln krooni (1,2 mln euro) ulatuses
kommertspabereid. Sellega on juulis 2008 tehtud kommertspaberite programm
nominaalväärtuses 66,5 mln krooni (4,3 mln eurot) täielikult lõppenud. 

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
160 inimest. 

1 EUR=15,6466 EEK 

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

Content of announcement in English

Title

Early redemption of commercial papers

Message

Arco Vara AS redeemed commercial papers in the amount of EEK 18.9 mio (EUR 1.7
mio) prior to initial term.  As a result Arco Vara AS commercial paper program
launched in July 2008 in the amount of EEK 66.5 mio kroons (EUR 4.3 mio) is
fully redeemed. 
  
Founded in 1992 Arco Vara is one of the leading property developers in the
Baltic States. The main business of the company is property development, which
is supported by the group's own property brokerage, valuation, construction and
property management units. The company has representative offices in 17 towns
across Estonia, Latvia, Ukraine and Bulgaria. The Group employees ca 160
people. 

1 EUR=15.6466 EEK 

Lembit Tampere 
Member of the management board 
Arco Vara AS 
Tel: +372 614 4630 
[email protected] 
http://www.arcorealestate.com