12 AUGUST 2011aluminiumtoday
€4M boost for Serbian processor
Edited by : AL CIRCLE
1 min read
The European Bank for Reconstruction and Development has approved a €4bn loan to Serbian aluminium processor Nissal.
The money will be used to refinance existing loans and provide working capital financing to the company.
The funding will contribute to a restructuring of Nissal’s balance sheet, improving the maturity structure of its liabilities and strengthening it as it gears up for future business.
The money will be used to refinance existing loans and provide working capital financing to the company.
The funding will contribute to a restructuring of Nissal’s balance sheet, improving the maturity structure of its liabilities and strengthening it as it gears up for future business.
Tagged with:Europe
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