Befimmo in EUR 600 mln refinancing proposals

Brussels-based real estate investment vehicle Befimmo has asked 15 banks to come up with a EUR 600 mln refinancing proposal, Belgium daily De Standaard reported. The lenders will formulate proposals involving a capital hike by issuing shares or an equity-linked product, debt refinancing and the possibility to taking a co-investor for real estate projects, the paper said.

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