Black Sea Property Secures Extension for EUR2 Million Loan

12:29 AM EDT, 07/21/2026 (MT Newswires) -- Black Sea Property (BSP.OL) secured a one-year extension for a loan facility worth 2 million euros, according to a Monday release. Following the amendment, the maturity of the facility was pushed back to Aug. 31, 2027, from Sept. 1, 2026, and the applicable interest was increased to 20% from 15%. The Oslo-listed real estate company said 875,000 euros remain available under the facility, with 1.1 million euros payable following an initial drawdown, including accrued interest.