Credit line worth 930M euros goes to Petrom
Thursday, November 24, 2011
The biggest Southeastern European crude and methane supplier Petrom contracted for a multi-currency line of credit worth 930 million euros, having a three-year maturity and the possibility to prolong it for two more years in a row, Petrom Group informed. The loan replaces the lines of credits worth 875 million euros the Group signed in 2008 and 2009, and are due back in 2012, but which were not spent at the date the new line was contracted for. The new loan will cover the Company's ...