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Altur Seeks EUR12M Loan To Refinance Debt
Romanian car parts maker Altur Slatina (ALT.RO) Thursday proposed taking out a loan of up to EUR12 million from Raiffeisen Bank to refinance an accounts receivable credit program and write o...
Finance Ministry Prepares To Borrow EUR1.5B From External Market
The Romanian Finance Ministry is preparing its first eurobond issue this year, in a hurry to take advantage of the current favorable market circumstances ahead of the conclusion of the arran...
UniCredit Tiriac Bank Expects To Recover 80% Of Loan For Alia Apartments Development
UniCredit Tiriac Bank expects it will recover about 80%, or EUR17.2 million, of a EUR22 million loan granted to the Spanish developers of insolvent residential compound Alia Apartments in Bu...
CEC Bank To Borrow EUR25M From CEB To Finance SME Projects
Romanian state-owned lender CEC Bank will borrow EUR25 million from the Council of Europe Development Bank (CEB) to finance investment projects developed by small and medium-sized enterprise...
CE Oltenia Seeks EUR160M EBRD Loan To Upgrade Power Unit
Romanian state-run energy holding Oltenia is looking to attract up to EUR160 million financing from the European Bank for Reconstruction and Development to upgrade an electricity production...
EBRD To Arrange EUR200M Syndicated Loan For Romania’s Turceni Power Plant Modernization
The European Bank for Reconstruction and Development (EBRD) will contribute through a EUR200 syndicated loan scheme to the financing of a EUR266 million modernization and rehabilitation proj...
Agricover Credit IFN Borrows RON70M From Eximbank To Grant Farm Loans
Romanian state-run lender EximBank and local agribusiness group Agricover have concluded a financing agreement whereby the bank will grant a loan worth 70 million lei (over EUR15.5 million)...
RCS&RDS Wants To Obtain Financing Of Up To EUR800M; Might Attract New Shareholders
Romanian telecom operator RCS&RDS wants to obtain financing of up to EUR800 million and the money will be used to restructure current loans totally or partially, and might even attract new s...
CFR Calatori Wants To Contract RON19M Loan For Working Capital
Romanian state-owned passenger railway carrier CFR Calatori on Tuesday said it plans to contract a credit line of 19 million lei (EUR4.4 million) to finance its working capital.