DEBT SAV­INGS

Costa del Sol News - - FRONT PAGE -

Rincón de la Vic­to­ria town hall last week signed a re­fi­nanc­ing deal for two bank loans to­talling €9 mil­lion, which lo­cal of­fi­cials say will save the mu­nic­i­pal cof­fers €1.4 mil­lion be­tween now and 2026, due to the im­proved in­ter­est rates. The two loans with Ca­ja­mar are part of the town hall’s over­all debt of around €65 mil­lion.

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