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8 months ago
BRIEF-Quabit signs biding agreement for credit line of up to 60 mln euros
December 14, 2016 / 8:06 AM / 8 months ago

BRIEF-Quabit signs biding agreement for credit line of up to 60 mln euros

Dec 14 (Reuters) - Quabit Inmobiliaria SA :

* Signs biding agreement for credit line of up to 60.0 million euros ($63.9 million) with certain funds advised by Avenue Europe International Management LP (Avenue)

* The credit line will be used to acquire land for residential use in Madrid and surroundings Source text for Eikon: Further company coverage: ($1 = 0.9391 euros) (Gdynia Newsroom)

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