Romanian chemical plant Oltchim has approved plans to borrow €62 million (US$88 million) to buy petrochemical assets of Petrom's Arpechim Pitesti (refinery), as well as for working capital. About 80% of the loan, which was approved in a general shareholders meeting on Friday, will be guaranteed by the state-owned bank Eximbank.
For more details on Romania’s Oltchim approves plan to borrow €62 mln to acquire Petrom assets click here
Thursday, July 30, 2009
Romania’s Oltchim approves plan to borrow €62 mln to acquire Petrom assets
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment