ECONOMY

Grivalia Properties issues bond loans

Grivalia Properties issues bond loans

ATHEX blue chip company Grivalia Properties on Tuesday announced the issue of two common bond loans of 50 million euros and 10 million euros.

It said the 50-million-euro loan will be used for the refinancing of past and future investments, while the 10-million-euro loan will partially refinance the acquisition cost of the Arcania Business Center in Maroussi, northern Athens.

[Reuters]