Teixeira Duarte SA EURONEXT:TDSA:
SAID ON MONDAY COMPLETES REFINANCING AGREEMENT WITH BANKS
DELIVERY OF SHARES REPRESENTING PART OF SHARE CAPITAL OF FIVE REAL ESTATE COMPANIES GENERATES LOSS OF 2.7 MILLION EUROS IN GROUP'S ACCOUNTS
TRANSACTION ALLOWS TEIXEIRA DUARTE GROUP TO SETTLE ITS DEBT TO BANKS IN AMOUNT OF 78.3 MILLION EUROS
IT ALSO HAS POSITIVE IMPACT ON GROUP'S ACCOUNTS, RESULTING FROM APPRECIATION OF INTEREST RETAINED BY TEIXEIRA DUARTE GROUP IN THOSE COMPANIES, OF ABOUT 35 MILLION EUROS
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