Agrokor Launches €475 million PIK Toggle Loan
May 13, 2014
Agrokor d.d. (“Agrokor”) announced today that a parent company (the “Borrower”) of Agrokor d.d. has launched a transaction for a syndicated PIK toggle facility in the amount of €475 million (the “Facility”). The proceeds of the loan would be used to fund the purchase of certain minority shareholdings in Agrokor, to pay fees and expenses in relation to the Facility, and for general corporate purposes including, but not limited to, the acquisition of shares in Poslovni Sistem Mercator d.d. and the payment of dividends to the shareholders of the Borrower.
For further information, please contact:
Hrvoje Habus Executive Director for Strategy and Capital Markets Agrokor d.d. Trg Drazena Petrovica 3 10000 Zagreb e-mail: email@example.com Direct tel.: +385 1 4894 145