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Statement re Debt Facility

8 Jul 2010 07:00

RNS Number : 0198P
Treveria PLC
08 July 2010
 



8 July 2010

 

Treveria plc

("Treveria" or the "Company")

 

Statement re Partial Debt Facility

 

Treveria plc (AIM: TRV), the German retail focused real estate investment company, announces that Deutsche Bank, acting as the Servicing Agent of Treveria's first Deutsche Bank/Citigroup debt facility, has filed for insolvency of part of this debt facility's loan portfolio which relates to certain German property holding companies. This comprises €329m out of this specific facility's loan value of €553m and represents only 19% of the Company's total debt facilities.

 

Enquiries:

 

Treveria Asset Management

Michael Neubuerger / Bernhard Fuhrmann

 

+44 (0)20 7960 6525

Singer Capital Markets Limited

James Maxwell / Nick Donovan

 

+44 (0)20 3205 7500

Financial Dynamics

Stephanie Highett / Laurence Jones

+44 (0)20 7831 3113

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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