Afirma, the Spanish property company formerly known as Astroc, said on Friday that it had signed a refinancing agreement for EUR 754mln of debt. The company's shares rose by almost 10% in Madrid trading following the announcement. In a statement to the stock market regulator CNMV, Afirma said that it had postponed the payment of the first tranche of the debt facility until December 2010, with the final payment due by December 2013.
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