Neinor to buy land with JP Morgan loan

construction 230-150x
By Victor Jimenez
29 Aug 2017

Spanish builder Neinor Homes will accelerate a land purchase programme after signing a new loan with JP Morgan, it said in a regulatory filing on Tuesday.

Neinor told the Spanish financial regulator, the Comisión Nacional del Mercado de Valores, that it has reached an agreement for a credit facility of €150m with JP Morgan.

The loan has a short maturity of ...

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