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Bulgaria s Overgas Mrezhi agrees 117 mln euro syndicated loan

Bulgaria s Overgas Mrezhi agrees 117 mln euro syndicated loan Photo: Overgas / All rights reserved. SOFIA (Bulgaria), January 25 (SeeNews) - Bulgarian natural gas distribution company Overgas Mrezhi has agreed a 117 million euro ($142 million) loan financing from a syndicate of five banks, commercial register data shows. The financing comprises a 100 million euro term loan, a 10 million euro investment loan, and a 7 million euro multi-purpose credit line, according to data entered into the commercial register earlier this month. The lenders are the International Bank for Economic Co-operation, as well as Sofia-headquartered UniCredit Bulbank, Raiffeisenbank Bulgaria, DSK Bank, and Allianz Bank Bulgaria. Several companies from the Overgas group are listed as co-debtors - Overgas Holding, Overgas Inc, SD Project and DDI Holdings Ltd.

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