Finance

Intu extends €225m loan on Spanish shopping centre

By 2018-04-06T11:28:00

Puerto Venecia shopping centre, Spain

Intu has extended the term of its €225m loan on Puerto Venecia shopping centre in Zaragoza, Spain.

The retail property giant negotiated with lenders to reduce the margin on the loan by 120 basis points and extend its maturity date from 2019 to 2025.

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