Tag: loan

MOL signed 555 million euros revolving credit facility – Hungary, 10 July 2018

Hungarian oil and gas company MOL announced that it has entered into a 555 million euros revolving credit agreement with 15 bank groups. According to the statement from the company, the transaction was coordinated by Erste Group Bank AG and KBC Bank NV, while the London branch of ING Bank NV will act as the […]

Government approved state guarantees for loan for TPP Tuzla’s unit 7 – Bosnia and Herzegovina, 5 July 2018

The Government of the Federation of Bosnia and Herzegovina (FBiH) said that it will provide guarantees for a loan agreement between power utility EPBiH and Chinese ExIm Bank, which will be used for the construction of unit 7 at coal-fired thermal power plant Tuzla. The Government has now tasked the Ministry of Finance to hand […]

EBRD approved 500 million euros loan for TAP project – Region, 4 July 2018

The Board of Directors of the European Bank for Reconstruction and Development has approved a loan of 500 million euros for the Trans Adriatic (TAP) gas pipeline project, which envisages transportation of gas from Azerbaijan to the EU countries. EBRD Director for Caucasus region, Bruno Balvanera said earlier this year that the Bank will allocate […]