December 20, 2018 / 9:27 AM / 2 months ago

BRIEF-11 Bit Studios Buys Real Estate, Signs Investment Loan

Dec 20 (Reuters) - 11 BIT STUDIOS SA:

* SAID ON WEDNESDAY THAT IT HAS SIGNED A 12.6 MLN ZLOTY INVESTMENT LOAN TO PARTIALLY FINANCE THE PURCHASE OF A DEVELOPED REAL ESTATE IN WARSAW, POLAND

* 10-YR LOAN IS FROM PKO BP AND WILL BEAR WIBOR 1M INTEREST PLUS FIXED BANK MARGIN OF 0.9 P.P.

* BUYS THE REAL ESTATE, WHERE IT PLANS TO HAVE ITS NEW BASE, FROM PBM POLUDNIE SA FOR 22.1 MILLION ZLOTYS

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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