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7 months ago
BRIEF-Norwegian Property enters into a loan agreement
December 20, 2016 / 6:34 AM / 7 months ago

BRIEF-Norwegian Property enters into a loan agreement

1 Min Read

Dec 20 (Reuters) - Norwegian Property ASA :

* Entered into a new loan agreement with DNB Bank ASA and Danske Bank, Norwegian Branch

* Agreement includes a term loan of 2.40 billion Norwegian crowns ($275 million) and a revolving credit facility of 400 million crowns

* Loan will be used for refinancing existing loans with same banks.

* Duration of new loan agreement is 3 years Source text for Eikon:

Further company coverage: ($1 = 8.6978 Norwegian crowns) (Gdynia Newsroom)

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