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BRIEF-Findev provides update on loan for Wellesley Condo Project

Published 2016-11-18, 08:57 a/m
Updated 2016-11-18, 09:00 a/m
© Reuters.  BRIEF-Findev provides update on loan for Wellesley Condo Project

© Reuters. BRIEF-Findev provides update on loan for Wellesley Condo Project

Nov 18 (Reuters) - Findev Inc TNG.V

* Findev inc - advance of a second mezzanine loan in amount of $2 million to wellesley residences corp on november 16, 2016

* Findev inc - loan bears interest at rate of 10% per annum and matures on december 31, 2019 Source text for Eikon: ID:nCCN2kFH40 Further company coverage: TNG.V

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