PropertyEU

Norwegian Property secures EUR 1.3 bn credit line

By A staff reporter 2011-04-18T00:00:00

Oslo-listed Norwegian Property has established new credit facilities totalling (NOK 10 bn) EUR 1.28 bn. The total credit amount is split in two main credit facilities. Nordea Bank Norge and Skandinaviska Enskilda Banken (SEB) offered EUR 641 mln in equal amounts for a duration of seven years.

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