26th Jun 2019 15:46
(Alliance News) - AFI Development PLC on Wednesday said unit Bellgate Constructions Ltd has partially repaid the euro-denominated part of the AFIMALL City project loan to VTB Bank PJSC, in the amount of EUR60 million.
Prior to the repayment, Bellgate owed USD476.3 million to VTB Bank. Following the repayment, the total loan balance decreased to USD408.11 million.
Shares in the Russian real estate development company were untraded at USD0.20 per share.
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