French real estate investor MRM Group said that it has reached an agreement with German regional bank Landesbank Saar (SaarLB) to refinance nearly EUR 94 mln of debt maturing in April 2010. The Euronext-listed company has been granted a new EUR 91 mln five-year credit line backed by a portfolio of retail properties. The new financing facility consists of a EUR 86 mln tranche expiring in 2015 and a second tranche of EUR 5 mln maturing next year.
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