![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Invista Euro. | LSE:IERE | London | Ordinary Share | LU0273211432 | ORD EUR0.10 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.30 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMIERE
RNS Number : 3687Q
Invista European Real Estate Trust
11 October 2013
11 October 2013
INVISTA EUROPEAN REAL ESTATE TRUST SICAF
(the "Company")
Invista European real estate trust over-amortizes debt
Debt Reduction
The Company announces that it has used EUR1.9 million from its existing cash balances to make a further repayment of the senior debt facility, thereby reducing the Loan to Value ("LTV"), as defined in the bank facility agreement, to below 70%. This payment follows the September valuation of the Company's property assets, which resulted in a decline in the portfolio's value by 2.09% to EUR325.55 million. The over-amortization will enable the Company to benefit from a continuation of the current interest rate margin while meeting the debt LTV covenants currently set at 70% LTV.
The Company will continue to review the strategic use of cash with reference to its investment objectives.
Ludovic Bernard Internos Global Investors 020 7355 8800 Michael Sandler Hudson Sandler 020 7796 4133
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUAANROOARAAA
1 Year Invista Euro. Chart |
1 Month Invista Euro. Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions