By Kyle Morris

Globalworth Real Estate Investments Ltd. said Friday that it has agreed two new credit facilities totaling 160 million euros ($169.6 million) with Erste Group.

The first facility is a EUR50 million unsecured revolving credit facility with a three-year term and the second is a EUR110 million asset-secured financing of the logistics-light-industrial portfolio in Romania with a 10-year term.

Shares in Globalworth at 1048 GMT were up 9.79 pence, or 2.7%, at 374.82 pence.

Write to Kyle Morris at kyle.morris@dowjones.com

(END) Dow Jones Newswires

December 23, 2022 06:15 ET (11:15 GMT)

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