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Témpore to Increase its Share Capital by €19M to Pay Off Loans

24 April 2020 – Brainsre.news

The Socimi’s General Shareholders’ Meeting approved the launch of a capital increase amounting to €18.8 million to pay off two bank loans.

Témpore, the rental home Socimi created by Sareb, has approved the implementation of a capital increase amounting to €18.8 million at its General Shareholders’ Meeting.

The expansion will be carried out through a credit clearing operation to pay off two bank loans, according to a statement filed with the Alternative Stock Market (MAB).

Original Story: Brainsre.news

Translation/Summary: Carmel Drake