PropertyEU

SPDE launches EUR 77m private placement

By A staff reporter 2009-06-29T00:00:00

Scandinavian Property Development (SPDE) has unveiled an oversubscribed private placement which will raise NOK 700 mln (EUR 77.3 mln) to strengthen the company's financial position. In a press release, SPDE said that the placement is subject to the approval of the company's general meeting on 14 July.

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