{"id":14132,"date":"2012-11-06T08:54:48","date_gmt":"2012-11-06T07:54:48","guid":{"rendered":"https:\/\/www.gruppoigd.it\/sottoscritto-un-finanziamento-e-rinnovato-un-mutuo-ipotecario\/"},"modified":"2018-10-09T15:23:39","modified_gmt":"2018-10-09T13:23:39","slug":"sottoscritto-un-finanziamento-e-rinnovato-un-mutuo-ipotecario","status":"publish","type":"post","link":"https:\/\/www.gruppoigd.it\/en\/sottoscritto-un-finanziamento-e-rinnovato-un-mutuo-ipotecario\/","title":{"rendered":"A loan agreement signed and a mortgage loan renewed"},"content":{"rendered":"<p class=\" text-justify\"><strong>IGD &#8211; Immobiliare Grande Distribuzione SIIQ S.p.A. (\u201cIGD\u201d<\/strong>\u00a0or the\u00a0<strong>\u201cCompany\u201d<\/strong>), leading owner and manager of retail shopping centers in Italy and listed on the STAR segment of the Italian Stock Exchange, has signed a loan agreement for a total of \u20ac18 million with Mediocredito Italiano S.p.A. (Gruppo Bancario Intesa Sanpaolo), which goes into effect immediately.<\/p>\n<p class=\" text-justify\">The agreement is for a 5 year mortgage loan indexed to the six month Euribor with a spread of 365 bps. The facility provides for draw downs typical of similar financing transactions.<\/p>\n<p class=\" text-justify\">IGD also exercised the term out option on the loan with Cassa di Risparmio del Veneto S.p.A.(Gruppo Bancario Intesa Sanpaolo), extending the maturity of the original \u20ac30 million mortgage loan (to date \u20ac28,350,000) to 1 May 2014 at the six month Euribor with a spread of 310 bps.<\/p>\n<p class=\" text-justify\"><em>\u201dThe transactions finalized are particularly satisfying for us as they confirm the financial standing of the IGD Group, even during the current economic situation in Italy where many businesses are having trouble accessing credit.\u201d\u00a0<\/em><strong>Claudio Albertini, <\/strong>Chief Executive Officer of IGD \u2013 Immobiliare Grande Distribuzione SIIQ S.p.A.\u00a0<em>\u201cThe new funds complete the financing needed in order to finish the projects in the pipeline for the current year\u201d.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>IGD\u00a0has signed a loan agreement for a total of \u20ac18 million with Mediocredito Italiano S.p.A. (Gruppo Bancario Intesa Sanpaolo), which goes into effect immediately.<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[94],"class_list":["post-14132","post","type-post","status-publish","format-standard","hentry","category-price-sensitive-en","tag-operazioni-straordinarie-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/posts\/14132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/comments?post=14132"}],"version-history":[{"count":2,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/posts\/14132\/revisions"}],"predecessor-version":[{"id":14657,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/posts\/14132\/revisions\/14657"}],"wp:attachment":[{"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/media?parent=14132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/categories?post=14132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/tags?post=14132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}