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SPDI Secure Property Development & Investment Plc

4.00
0.00 (0.00%)
11 Apr 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Secure Property Development & Investment Plc LSE:SPDI London Ordinary Share CY0102102213 ORD EUR0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.00 3.50 4.50 4.00 4.00 4.00 0.00 08:00:16
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Secure Property Dev & Inv PLC RESTRUCTURING OF TERMINAL BROVARY EBRD LOAN (0187B)

31/12/2014 10:12am

UK Regulatory


Secure Property Developm... (LSE:SPDI)
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RNS Number : 0187B

Secure Property Dev & Inv PLC

31 December 2014

31 December 2014

SECURE PROPERTY Development & Investment PLC

(the "Company")

RESTRUCTURING OF TERMINAL BROVARY EBRD LOAN

SECURE PROPERTY Development & Investment, the South East Europe focused property investment company announces that it has agreed with the European Bank for Reconstruction and Development ("EBRD") in successfully concluding the restructuring EBRD's loan to LLC Terminal Brovary, the subsidiary of the Company which owns the Terminal Brovary Logistic Park in Kiev.

Terminal Brovary is fully let to a number of international tenants, producing US$ 3miliion of annual net operating income. The loan's current amount outstanding is US$14.4 million and its repayment schedule has been extended to December 2022 including a balloon payment of US$3.6 million. No further amounts will be drawn down from this facility.

- Ends -

Enquiries:

   SECURE PROPERTY Development & Investment plc   + 380 44 459 3000 
   Lambros Anagnostopoulos                                                     www.secure-property.eu 

Constantinos Bitros

SP Angel Corporate Finance LLP (NOMAD)

Tercel Moore +44 (0) 20 3463 2260

Jeff Keating

FTI Consulting +44 (0) 20 3727 1000

Richard Sunderland

Nick Taylor

This information is provided by RNS

The company news service from the London Stock Exchange

END

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