Group Electrica seeks EUR 360 mln financing

Electrica (EL), the largest Romanian group in the field of energy distribution and supply, has summoned its shareholders on April 28 to approve guarantees for a RON 1 billion (EUR 210 million) loan from the European Investment Bank (EIB) and a RON 750 mln (EUR 153 mln) bridge loan from a consortium formed by Erste Bank and Raiffeisen Bank.   The EUR 210 mln loan from the EIB will be contracted by ...

Developed by Codecraftsman