Sonae Sierra took 4.5m euros from BRD for River Plaza mall

Sonae Sierra Portuguese real estate developer, which owns River Plaza shopping centre of Ramnicu Valcea, decided to increase the company’s share capital by 4.5m euros (18.9m RON), with financing being secured through a loan contracted last year from BRD SocGen, in line with information published in the Official Gazette. Thus, the share capital of the shopping centre of Valcea will be raised from 9.2m RON to 28.1m RON, entirely in cash and divided into 2.8 million shares with a face value of 10 RON each. River Plaza will thus own 2.78 million shares with a face value of 10 RON each, with the total value amounting to 27.8m RON, accounting for 99% in the company’s share capital. Sierra Investments Holdings will hold 1%, with the total value of the stake reaching 0.281m RON.