-+ 0.00%
-+ 0.00%
-+ 0.00%
Black Sea Property Secures Extension for EUR2 Million Loan
Share
Listen to the news
12:29 AM EDT, 07/21/2026 (MT Newswires) -- Black Sea Property (BSP.OL) secured a one-year extension for a loan facility worth 2 million euros, according to a Monday release. Following the amendment, the maturity of the facility was pushed back to Aug. 31, 2027, from Sept. 1, 2026, and the applicable interest was increased to 20% from 15%. The Oslo-listed real estate company said 875,000 euros remain available under the facility, with 1.1 million euros payable following an initial drawdown, including accrued interest.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending