Romanian CFR Calatori Seeks RON30M Credit Line

Romanian state-owned railway company CFR Calatori seeks a 30 million lei (EUR1=RON4.2320) revolving credit line to refinance a loan and for working capital, the company announced.The loan will be taken for one year, with a possibility to extend the repayment interval. The passenger transport company will guarantee the loan with rolling stock and the company's current accounts.According to the announcement, the contract will be awarded following negotiations, and bids may be filed by July 20. ...

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