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CIR CIR SpA

0.602
-0.018 (-2.90%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
CIR SpA BIT:CIR Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.018 -2.90% 0.602 0.602 0.614 0.614 0.601 0.612 725,485 02:01:17

CIR's Sorgenia Signs 10-Year EUR600 Million Loan Agreement

15/07/2009 6:50pm

Dow Jones News


CIR (BIT:CIR)
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Italian energy company Sorgenia SpA, which is owned by CIR SpA (CIR.MI) and Austrian power generator Verbund AG (VER.VI), Wednesday said it signed an agreement with six banks for a 10-year loan of EUR600 million to finance investments in new generation capacity.

In a statement, CIR said the pool of banks was made up of Mediobanca SpA (MB.MI), Banca Monte dei Paschi di Siena SpA (BMPS.MI), Intesa Sanpaolo SpA (ISP.MI), UniCredit SpA (UCG.MI), WestLB AG and Banca Popolare di Lodi SpA.

The interest rate is based on the euro interbank offered rate plus a margin in line with current market conditions, it said.

Company Web site: http://www.cirgroup.it

-By Liam Moloney, Dow Jones Newswires; +39 06 6976 6924; liam.moloney@dowjones.com

 
 

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