Lar Espana Real Estate ate ate SOCIMI (ES:LRE) has released an update.
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Lar España Real Estate SOCIMI, S.A. has announced a new financing agreement with J.P. Morgan for up to 650 million euros to ensure liquidity for potential bond repurchases, in light of a voluntary public acquisition offer by Helios RE, S.A. This financing is on favorable terms and will only be utilized if the takeover offer does not result in a change of company control. The company plans to finalize the financial agreements soon and will keep the market updated on developments.
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