EBRD LOAN WORTH €170 MILLION TO AGROKOR
Nov 30, 2000
The Agrokor Group and the European Bank for Reconstruction and Development (EBRD) signed in London a Syndicated Loan Agreement in the amount of €170 million The international syndicate of banks, organized and headed by the EBRD, comprises seven reputable financial institutions. EBRD's share amounts to €70 million, which is one of its highest investments not only into Croatian, but into the economies of the whole Central and Eastern European region. It is the intention of Agrokor to use the financial means herewith provided to financially restructure its balance sheet and for the further growth and development of the company both on the domestic and on foreign markets, in particular that of Bosnia and Herzegovina.