On 21 March 2014, Arco Vara AS conducted a bond issue as a result of which bonds in the amount of 160 000 euros were issued. The maturity date was set to be on 20 June 2015 and the interest rate 9,8% per year.
As a result of an agreement with the investors Arco Vara AS prolonged the maturity date of the bonds until 20 December 2015.
Evelin Kanter
Head of Legal Department
Arco Vara AS
Tel: +372 614 4594
evelin.kanter@arcovara.ee
http://www.arcorealestate.com