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Project Finance confirms loans totalling GBP26m

04 April 2016 14:32

Project Finance Investments has announced two loans of up to cGBP26m in aggregate to finance construction projects for a private residential care home and a municipal recycling facility.

The terms of the loans are c.17 years and c.15 years respectively. Each loan is secured by way of a first ranking charge against the relevant asset.

The loans have been financed from the proceeds of the Company's recent IPO, following which the Company is now fully invested.

At 2:32pm: (LON:PROJ) Project Finance Investments Ltd Ord Npv share price was +0.25p at 104p

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