Rubicon Europe Trust Group (ASX: REU) – Update on CRE loan portfolio
Rubicon Europe Trust Group (REU) confirms that the €34.0 million CB-16 CRE loan was
repaid as scheduled on 20 March 2008.
REU has fully applied the proceeds to repaying the Credit Suisse warehouse facility in
accordance with the agreed payment schedule as announced on 17 March 2008. The
remaining balance of the warehouse facility is approximately €117.3 million.
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