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Trastor REIC issues two bonds up to €51 m

Trastor REIC has signed two programs for the issuance of Common Bond Loans, secured by post-insurance contracts, primary disposal and transfers of bonds with a nominal value of up to €21 m and up to €30 m respectively.

Eurobank has been appointed payment manager and representative of the bondholders of both loans.

Both bonds will be fully covered by Eurobank.

The loans will be used to finance the implementation of the company’s investment plan and in order for the company to meet general business objectives.

Original Source: Insider.gr

Adaptation/Summary: Kiki Athanasiadis