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Realia Secures €60 Million Loan from Majority Shareholder

Realia Secures €60 Million Loan from Majority Shareholder

Realia Business (ES:RLIA) has released an update.

Elevate Your Investing Strategy:

Realia Business has announced the Board of Directors’ approval of a €60 million loan from FCYC, S.A., its majority shareholder, to meet corporate needs. The loan, approved on September 25, 2024, and to be formalized by the end of that year, carries an interest rate of 3-month Euribor + 115 basis points with quarterly interest settlement and no fees for opening or early cancellation.

For further insights into ES:RLIA stock, check out TipRanks’ Stock Analysis page.

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