Why is the regional REIT company waiting for a £50m bond to repay the debt? | Bond News, regional REIT share price, Total Debt, & share price falling.

 

Why is the regional REIT company waiting for a £50m bond to repay the debt? | Bond News, regional REIT share price, Total Debt, & share price falling.

Regional REIT Debt issued, Bond, dividend history,  Bond Price, ARA, Hl, investment, news, annual report, chart, analysis, Regional REIT current Bond news today. 

Regional REIT, NEWS, : Image Credit: Google 

The regional REIT today officially stated that they are ready to take all steps and decisions to repay the £50m loan, and expect to repay the 50 million euro loan very soon. What the company said in detail is given below. Must read.

The Regional REIT Company has lost about 58.9 percent from the beginning of January 2024 to March 2024. Currently, the loan to value ratio of the company is in a very bad condition, currently it is 55. 

The regional REIT company has a bond of 50 million euros that will be released in August 2024. The management of the regional REIT i.e. real estate investment trust has decided that they will pay the ren by the month of August only when 52 of the 50 million euros are completed. As the news emerged, the London stock market and its investments saw a hand in sentiment, sending the company's shares down nearly 28% today.