September 28 (SeeNews) - Croatian hotel operator Liburnia Riviera Hoteli [ZSE:LRH-R-A] said on Tuesday that it has signed a deal to take out a loan of 11.5 million euro ($13.4 million) from Sberbank dd, part of Russian banking group Sberbank.
The loan is needed to provide working capital and medium-term liquidity, Liburnia said in a filing to the Zagreb bourse, without elaborating.
Liburnia Riviera's shares last traded on the Zagreb bourse on August 23, closing at 3,100 kuna ($483/413 euro), up 3.33%.
(1 euro = 7.503 kuna)
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