Arco refinanced commercial papers

On 21.09.2007 Arco Vara AS issued 9 month discounted commercial papers in
nominal value of 31,0 mEEK (mEUR 1,98) with interest of 6,250% per annum. 

Proceeds were used to refinance existing papers matured on 21.09.2007 that
carried an interest of 6,462% per annum. 

“It's good to know that the market evaluates Arco's risk lower than 8 months
ago”, said Arco's CFO Aare Tammemäe. 

1 EUR=15,6466 EEK

Additional information:
Heigo Metsoja
Head of Investor Relations
+372 6144 654
heigo.metsoja@arcovara.ee
http://www.arcorealestate.com

Recommended Reading

January 22, 2026 02:30 ET | Source: Arco Vara

Change of Chief Executive Officer of Arco Vara AS

Kristina Mustonen, Member of the Management Board and Chief Executive Officer at Arco Vara AS has submitted her resignation from the positions of Member of the Management Board and Chief Executive...
Read More
January 15, 2026 02:00 ET | Source: Arco Vara

Change in Significant Shareholding

Arco Vara AS announces a change in the structure of shareholders holding a significant shareholding. On 14 January 2026, Peeda OÜ notified Arco Vara AS that it has acquired 1,215,000 shares of Arco...
Read More