PropertyEU

Sponda secures EUR 200m financing to fund Russian expansion

By A staff reporter 2008-03-13T00:00:00

Sponda said has signed financing agreements with banks for a total €200m to fund its strategic expansion in Russia. The Finnish property company has agreed a seven-year, EUR 150 mln credit facility with Danske Bank and is getting a further EUR 50 mln in financing from Ilmarinen Mutual Pension Insurance ...

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