Wednesday, January 19, 2022
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Insur Issues a €50 Million Promissory Note Program on the MARF

The property developer controlled by the Pumar family has issued a promissory note program on the MARF with a maximum outstanding balance of 50 million euros, which will be in force until July 2021.

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Inmobiliaria del Sur (Insur) has launched a promissory note program amounting to 50 million euros through the Alternative Fixed Income Market (MARF), as reported by the company in a statement to the National Securities Market Commission (CNMV ).

The listed property developer “has incorporated a promissory note issuance program onto the Alternative Fixed Income Market” with a maximum outstanding balance of 50 million euros that “will be in force until 14 July 2021”, explained Insur.

Read the full article in Spanish.

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