Business
Arena - Long-term loan refinancing
Arena - Long-term loan refinancing.
About this update from Pphe Hotel Group Limited
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 9 November 2022\n \n \n \n \n \n \n PPHE Hotel Group Limited\n \n \n \n (\"PPHE Hotel Group\")\n \n \n \n \n \n \n \n \n Arena Hospitality Group d.d. - Long-term loan refinancing\n \n \n \n PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts, announces that Arena Hospitality Group d.d., whose shares are listed on the Prime market of the Zagreb Stock Exchange and in which PPHE Hotel Group holds a controlling ownership interest, has today published an announcement regarding the execution of a new long-term loan agreement with PRIVREDNA BANKA ZAGREB in Croatia for refinancing its existing loans and investments in the Arena Grand Kažela Campsite.\n \n \n The announcement can be found at\n \n \n https://www.arenahospitalitygroup.com/en/investors/regulatory-news\n \n \n \n \n \n \n \n \n \n \n Enquiries:\n \n \n \n \n \n \n \n \n \n \n \n \n \n PPHE Hotel Group Limited\n \n \n \n \n \n \n \n Daniel Kos,\n \n \n Chief Financial Officer & Executive Director\n \n \n \n \n \n \n \n \n \n \n \n \n \n Robert Henke\n \n \n Executive Vice President of Commercial Affairs\n \n \n \n \n Tel: +31 (0)20 717 8600\n \n \n \n \n \n \n \n \n \n \n \n \n Hudson Sandler\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Wendy Baker\n \n \n Lucy Wollam\n \n \n Charlotte Cobb\n \n \n \n \n \n \n \n Tel: +44 (0)20 7796 4133\n \n \n Email: [email protected]\n \n \n \n \n \n \n \n \n \n \n \n \n Notes to Editors\n \n \n \n PPHE Hotel Group is an international hospitality real estate company, with a 1.8 billion portfolio, valued as at December 2021 by Savills and Zagreb nekretnine Ltd (ZANE), of primarily prime freehold and long leasehold assets in Europe.\n \n \n \n \n \n Through its subsidiaries, jointly controlled entities and associates it owns, co-owns, develops, leases, operates and franchises hospitality real estate. Its portfolio includes full-service upscale, upper upscale and lifestyle hotels in major gateway cities and regional centres, as well as hotel, resort and campsite properties in select resort destinations. The Group's strategy is to grow its portfolio of core upper upscale city centre hotels, leisure and outdoor hospitality and hospitalit...