Romanian tissue producer Pehart gets 51 mln euro syndicated loan Pehart Dej factory
BUCHAREST (Romania), December 17 (SeeNews) - Romanian tissue producer and converter Pehart said on Thursday it has obtained a syndicated loan facility worth 51 million euro ($62.3 million), to be invested in its two plants in Petresti and Dej.
Pehart plans to build new facilities for paper production within the two sites, increase the converting area, invest in new equipment, expand production capacity, and enlarge its portfolio with new products, it said in a press release.
The loan is provided by a syndicate of banks comprising Banca Comerciala Romana, as coordinator, along with ING Bank N.V. Amsterdam, Bucharest Branch, Raiffeisen Bank and OTP Bank Romania.
Romania s RCS&RDS parent secures 150 mln euro syndicated loan Digi Communications
BUCHAREST (Romania), December 16 (SeeNews) - Dutch-registered Digi Communications N.V. [BSE: DIGI], the majority owner of Romanian company RCS&RDS, said on Wednesday that it has concluded a 150 million euro ($183 million) senior facility agreement with a syndicate of banks.
Digi will use the 100 million euro term loan facility to refinance a short-term loan contracted in October 2016, while the revolving credit facility worth 50 million euro will be used for capital expenditure, investments, general corporate, and working capital purposes, it said in a statement filled with the Bucharest Stock Exchange, BVB.
Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed
Only 25 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
T: 0040-318.256.431 (Newsroom)