Monday, June 29, 2009

Spain's Afirma says signing refinancing deal

MADRID, June 29 (Reuters) - Spanish real estate company Afirma (AFRA.MC) said on Monday it was in the process of signing agreements with creditor banks to refinance around 1.4 billion euros ($1.96 billion) of debt.

"The chairman told the AGM that the debt refinancing agreement has started to be signed," a spokesman for the company said. (Reporting by Ben Harding; editing by Sarah Morris)

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