Renta Corporacion agrees loan refinancing

MADRID, Feb 27 (Reuters) - Spain's Renta Corporacion (REN.MC) said on Friday that it has agreed the terms refinancing of its syndicated loan.

The Spanish property firm has extended the loan to 2015 and does not have to make any payment until 2011, a spokeswoman said.

Renta Corporacion cut its debt to 316 million euros in 2008 ($400.5 million) from 695 million a year ago, the spokeswoman said.

(Reporting by Andres Gonzalez; writing by Judy MacInnes)