Source: eKapija | Tuesday, 08.07.2014.| 14:51
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Podravka gets EUR 73.4 million loan

(Photo: podravka.hr)
Podravka has signed a EUR 73.4 million syndicated loan agreement in London with the European Bank for Reconstruction and Development (EBRD) and three commercial banks (Erste Group Bank AG, Raiffeisen Bank International AG and Unicredit Bank Austria AG),

Aforementioned agreement will enable Podravka to restructure its balance sheet and prepare for future expansion, the company said in a release.

The loan will comprise an A loan portion of up to €30 million for the EBRD’s own account, and a B loan portion of up to €43.4 million for the account of the participating banks Erste Group Bank AG, Raiffeisen Bank International AG and Unicredit Bank Austria AG.

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