EDC 0.00% 85.5¢ eildon capital group

News: EDC Eildon Capital advances $6.4 mln first mortgage loan facility funding

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    May 1 (Reuters) - Eildon Capital Ltd (EDC)

    • Advanced funding to a $6.4 mln first mortgage loan facility to facilitate acquisition of a development site in Coburg, Melbourne
    • Loan is being jointly funded between CVC Limited ($2.4 mln) and Eildon Capital ($4.0 mln)
    • Loan term is 12 months and loan to value ratio is set below 60 pct
 
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