Metrovacesa gets extension on EUR 230m facility

Spanish debt-laden property company Metrovacesa has received a six-month extension on repayments of a EUR 230 mln syndicated credit facility granted in April this year. In a statement to the stock market regulator CNMV, the Madrid-based group said that the six financial institutions owning 65% of the company have decided to extend the reimbursement of two equity loans to 30 November this year.

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