Norwegian Property (NPRO) said it has received two new credit facilities totalling NOK 10 bn (EUR 1.28 bn) from two consortia of Nordic lenders. In a statement, the Norwegian property company said lenders Nordea Bank Norge and Skandinaviska Enskilda Banken are providing a NOK 5 bn loan with a duration of seven years, while a second NOK 5 bn four-year credit facility has been granted by DnB NOR Bank and Fokus Bank, the Norwegian branch of Danske Bank.
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