The loan is line with Impact’s medium and long-term growth strategy, the developer said.
The maturity of the loan is June 8, 2029.
“Impact guarantees the fulfillment of the obligations assumed by the loan agreement by concluding the guarantees specific to this type of financing. Contracting this loan is in line with Impact’s medium and long-term strategy and will contribute to strengthening the financing capacity of the new projects that the company has in development both in Bucharest and in the country,” the company said.
Impact continues development of the Greenfield Baneasa residential complex in Bucharest and of the Boreal Plus compound in Constanta, where it is to deliver more than 200 apartments by yearend.
IMP shares have lost 5.4% this year, amid RON26.3 million transactions, Bucharest Stock Exchange data show.
(English version by Loredana Fratila-Cristescu)