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 |
---|---|---|---|---|---|
Summit Germany | LSE:SMTG | London | Ordinary Share | GG00BJ4FZW09 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.185 | 1.18 | 1.19 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSMTG
RNS Number : 9190H
Summit Germany Limited
16 March 2018
This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation.
Summit Germany Limited
(the "Company")
Debt repayment
16 March 2018
The Company announces that following receipt of the proceeds from its recent bond issue, it has repaid existing debt facilities totalling c. EUR220 million, including a EUR19.5 million loan from Summit Real Estate Holdings Ltd.
The average interest rate of the repaid facilities was 3.62% p.a. versus 2.00% p.a. for the senior fixed rate notes issued pursuant to the bond. This should result in interest cost savings of c. EUR3.4 million p.a. for the Company.
For further information please contact:
Summit Germany Limited Tel: +44 (0) 1481 700 300 Zohar Levy - Managing Director Itay Barlev (Braun) - Finance Director Non-Executive Chairman Tel: +44 (0) 20 7451 7050 Harry Hyman Carey Group, Company Secretary Tel: +44 (0) 1481 700 300 Sara Bourne Liberum Capital Limited, Nominated Tel: +44 (0) 20 3100 2222 Adviser and Joint Broker Chris Clarke / Jill Li Cenkos Securities, Joint Broker Tel: +44 (0) 20 7397 8900 Mark Connelly Russell Kerr / Selwyn Jones (Broking)
This information is provided by RNS
The company news service from the London Stock Exchange
END
IODFKPDQBBKBBND
(END) Dow Jones Newswires
March 16, 2018 03:00 ET (07:00 GMT)
1 Year Summit Germany Chart |
1 Month Summit Germany Chart |
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