Nordea Refinanced Four Winds Office Center
OREANDA-NEWS. August 25, 2011. OJSC Nordea Bank has opened a non-revolving credit facility for the refinancing of a multifunctional office complex Four Winds, a joint development project of AFI Development and Snegiri Development, reported the press-centre of Nordea.
Maturity of the USD 170 million facility opened by the Bank is 7 years.
Purpose of the facility is refinancing of the current debt and financing of the general corporate needs.
"Commercial realty financing is one of the Bank’s priorities. We are actively cooperating with this segment and are planning a further increase of its share in our credit portfolio", - remarks Mikhail Polyakov, Deputy Chairman of OJSC Nordea Bank’s Management Board.
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