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Dino has capital for development

Opr./edited TC 26 February 2019
POLAND Dino Polska and a subsidiary Dino Południe have signed loan agreements worth a total of PLN 150 mln with PKO Bank Polski. The acquired funds will be used to finance further development of stores and the construction of logistics facilities for the Dino chain.
Loans are secured by contractual mortgages of up to PLN 225 mln on real estate owned by Dino and Dino Południe, including shops and warehouses. The loans were granted in zlotys until August 11th, 2026. Dino is a chain of stores from Krotoszyn which sells food and industrial products. Stores of the chain are usually located in small towns. According to its announcements from last year, the company wants to have 1,200 stores by the end of 2020.

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