Banca Imi helps NH Hotels Italia

After closing the first six months period with a deficit of 12.6 million euros, the Nh Italia chain receives a loan by Banca Imi. It is a 75 million euros loan that expires in three years and can be extended two more years at discretion of the financial institute. As explained the same Nh to the Spanish stock market, it is a refunding related to the investments realized in the last years in terms of portfolio renovation in Italy, as well as the last tranche of payment for the acquisition of Jolly Hotels.

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