PropertyEU

Renta completes EUR380m asset sale to banks

By A staff reporter 2009-06-01T00:00:00

Spain's Renta Corporacion Real Estate has successfully completed the sale of EUR 380 mln worth of assets to a consortium of 17 financial institutions. As part of the agreement, the company has also refinanced a EUR 500 mln debt facility agreed with the creditor banks in February 2007.

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