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São Paulo, February 04, 2016 - Rodobens Negócios Imobiliários S.A. (BM&FBovespa: RDNI3, Bloomberg RDNI3:BZ) a publicly held company with registered office located in the City of São José do Rio Preto, State of São Paulo at Avenida Francisco das Chagas de Oliveira, nº 2.500, Higienópolis, CEP 15085-485, ("Company"), announces that, on the date hereof, it concluded a funding transaction in the aggregate amount of fifty million reais (R$50,000,000.00), as approved by the Meeting of the Board of Directors of the Company held on January 15, 2016. The loan will have a term of thirty months, with amortization of principal in four installments in accordance with the dates and conditions set forth in the Bank Credit Note ("CCB") and interest on a monthly basis corresponding to 100% of DI rate + 2.30% p.a.
The proceeds will be used by the Company exclusively to build residential housing and/or subdivision projects.
Click here to access the announcement.
Phone: +55 (11) 2505-7677