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Black Sea Property PLC - property developer in Bulgaria - Revises and extends lending terms with an unnamed Bulgarian commercial bank for reconstruction works of the Ivan Vazov building in Sofia.
The bank will lend up to BGN4.5 million, around GBP2.0 million, in allocated tranches for the reconstruction, and will be secured by a commercial mortgage on the property.
Current stock price: EUR0.0015
12-month change: down 88%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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