Bucharest Radisson Blu's Owner Borrows EUR71.5M To Refinance Debts

10.03.2011 By Florentina Dragu

Romanian hotel operator Bucuresti Turism (BUTU.RO) has accessed a EUR71.5 million loan from Raiffeisen Bank International to refinance outstanding debts and repay a loan granted by its majority shareholder, Israeli-based Elbit Imaging Ltd.

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Keywords:
BUCURESTI TURISM
, LOAN
, RAIFFEISEN
, RADISSON BLU