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TMM to use UAH 310 mln loan to redeem local bonds

TMM to use UAH 310 mln loan to redeem local bonds

19 May 2009

TMM Real Estate Development (TR61 GR) yesterday disclosed the directions to use a UAH 310 mln credit line attracted in February. According to the company’s PR-manager Iryna Kysil, UAH 180 of the loan will be used to redeem the company’s bonds in June and October. The rest of the funds will be used to finish construction of seven uncompleted buildings with total area of 160 ths m2.

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