Llanera renegotiates EUR 150m loan with Lehman Brothers

By A staff reporter 2007-09-26T00:00:00

Spanish property developer Llanera has said it is renegotiating a EUR 150 mln loan it secured from Lehman Brothers to partially finance the acquisition of Reva, a Belgium company that owned some 9 million m[sup]2[/sup] of rural land in Valencia. Last week Llanera, which is owned by the Gallego family, ...

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