Warsaw-listed Globe Trade Centers has increased its share capital by PLN 445 mln (EUR 104 mln) through a rights issue, which was more than two times oversubscribed. The company said the issue is part of its strategy to deleverage and increase its liquidity.
Warsaw-listed Globe Trade Centers has increased its share capital by PLN 445 mln (EUR 104 mln) through a rights issue, which was more than two times oversubscribed. The company said the issue is part of its strategy to deleverage and increase its liquidity.
GTC is a developer of office buildings and parks, retail and entertainment centres and residential property in Central and Eastern Europe. The company’s total assets exceed EUR 2.4 bn.
