G City Europe gets a €125 million loan via two European banks

By Mary-Katherine Stinson

Lexington, Ky., Oct. 16 – A subsidiary of G City Europe Ltd. (formerly known as Atrium European Real Estate Ltd.) signed a facility agreement with two European banks totaling €125 million, according to a notice.

The five-year loan is secured by the Promenada Shopping Center.

The loan utilization is scheduled for the end of October.

Proceeds will be used to pay debt.

G City is a St. Helier, Channel Islands company that owns, operates and develops shopping centers in Central and Eastern Europe.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.