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INA signs loan agreement amounting to one bln US dollars

Autor: ;rmli;
ZAGREB, April 12 (Hina) - The Croatian oil company INA on Wednesday signed an agreement on a renewable syndicated loan worth one billion US dollars, the company said in a statement.
ZAGREB, April 12 (Hina) - The Croatian oil company INA on Wednesday signed an agreement on a renewable syndicated loan worth one billion US dollars, the company said in a statement.

The loan will be repaid over a period of five years, with two optional year-long extensions.

So far this is the biggest syndicated loan granted to a Croatian company.

The loan will be used to finance the existing loans and upgrade refineries.

The leading arrangers of the loan are the Bank of Tokyo-Mitsubishi Ufj Ltd., Bayerische Landesbank, BNP Paribas, Citibank, N.A., Privredna Banka Zagreb, and Societe Generale Corporate and Investment banking.

(Hina) rml

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