According to the manager, the net proceeds of the notes will be used to grant loans directly or indirectly to certain subsidiary companies of the group.
The manager of Cromwell European REIT (CEREIT) announced on Oct 20 that the REIT’s subsidiary, Cromwell EREIT Lux Finco S.à r.l. has established a EUR1.5 billion ($2.39 billion) Euro Medium Term Note Programme.
See also: Cromwell European REIT scores double platinum win at Asia Pacific Best of the Breeds REITs Awards
