Aurora Investment Trust plc Announces Update on Loan Facilities
October 01, 2020 at 11:30 am EDT
Arricano announced the following update relating to its current loan facility with the State Savings Bank of Ukraine. LLC Comfort Market Luks, a subsidiary of the Company, which owns and operates the Kyiv Shopping Center "Prospekt" has now entered into an amendment to the current loan agreement with State Savings Bank of Ukraine to decrease the interest rate from 8.5% to 7.5% per annum. Current principal outstanding under the loan agreement equals to USD 13,818,335.00.