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Arricano Real Estate Secures Lower Interest Rate On Loan Agreement

18th Aug 2020 14:22

(Alliance News) - Arricano Real Estate PLC on Tuesday said it has agreed an interest rate reduction on a loan agreement with Tascombank JSC.

The interest rate has been reduced to 9.75% per year from 10.75% previously on the USD12.0 million loan agreement, which is repayable in June 2024.

Shares in Arricano were untraded at 0.30 pence in London on Tuesday.

By Lucy Heming; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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