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EBRD mulls lending 36 mln euro to Romania's eMAG for new logistics centre


EBRD mulls lending 36 mln euro to Romania s eMAG for new logistics centre
eMag. Author (eMag) License: all rights reserved.
BUCHAREST (Romania), March 9 (SeeNews) - The European Bank for Reconstruction and Development (EBRD) said on Tuesday that it is considering to provide two loans worth up to 36 million euro ($42.8 million) combined to Romanian online retailer eMAG for a new logistics centre.
A senior loan in the amount of up to 18.5 million euro would be granted to eMAG as part of a syndicated loan of 37 million euro in order to finance the development of the new logistics facility, the EBRD said in a project summary document. ....

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