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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Argo Real Est. | LSE:AREO | London | Ordinary Share | GB00B17PFQ50 | ORD EUR0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.02 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jan 2020 to Jan 2025
TIDMAREO
RNS Number : 5959V
Argo Real Estate Opportunities Fd
16 January 2013
16 January 2013
Argo Real Estate Opportunities Fund Limited
("AREOF" or "the Company")
Statement Re: Suceava Shopping City debt facility
The Board is pleased to announce that AREOF has successfully completed an extension to the debt facility that supports the Company's Suceava Shopping City retail park in the Romanian city of Suceava. The EUR 50m facility with Alpha Bank, which carried a fixed interest rate of 5.2%, matured on 10 November 2012. Following negotiations, Alpha Bank has agreed to extend the maturity of the facility to 10 November 2015 with a change in the interest rate to 3 month Euribor plus a margin of 3.35%. The documentation of this agreement is complete with all conditions related to it having been fully satisfied by both parties.
Enquiries:
Argo Real Estate Opportunities Fund Limited David Clark, Chairman +44 (0)1481 231100 finnCap Limited (Nominated Adviser) Matthew Robinson Henrik Persson +44 (0) 207 220 0500
This information is provided by RNS
The company news service from the London Stock Exchange
END
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