Tag Archives: syndicated loan

Garanti BBVA Secures Over $440 Million in Syndicated Loan to Support Turkish Economy and Sustainable Projects

(IN BRIEF) Garanti BBVA has secured over $440 million through a syndicated loan to bolster the Turkish economy, aligned with the bank’s commitment to sustainability. The loan, supported by 43 banks across 20 countries, includes tranches with maturities of 367 … Read the full press release

CECONOMY Secures €900M Green Credit Line to Bolster Sustainable Financial Strategy

(IN BRIEF) CECONOMY AG, the parent of MediaMarktSaturn, has secured a new €900 million ESG-linked revolving credit facility, replacing earlier unused credit lines that acted solely as a liquidity reserve. This three-year facility, extendable by two additional years, ties its … Read the full press release

FMO and partners provide second syndicated loan to Turkey’s Kılıç Deniz for growth and diversification

(IN BRIEF) Dutch development bank FMO, along with French development finance institution Proparco and SDG-focused emerging market credit fund ILX Fund, has provided a €60m ($71.6m) syndicated loan to Turkey’s Kılıç Deniz, a leading aquaculture player. The funds will be … Read the full press release

FMO, OFID and OeEB sign USD 67.5 million syndicated loan to Lebanon and Gulf Bank (LGB BANK) for SMEs

THE HAGUE, 02-Jan-2018 — /EuropaWire/ — The three development banks signed a USD 67.5 million loan to Lebanon and Gulf Bank (LGB BANK). In addition to the USD 32.5 million provided by FMO, OFID (the OPEC Fund for International Development) … Read the full press release

Romania’s 3rd largest mobile operator and OTE’s subsidiary COSMOTE Romania received €225M syndicated loan arranged by EBRD

31-7-2013 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is boosting Romania’s fast-growing mobile broadband communications market, with the largest syndicated loan in the country this year, in a move intended to offer people and businesses more value … Read the full press release