Louis Delhaize taps EBRD funds

Belgian hypermarket operator Louis Delhaize has secured a loan worth up to €210 from the EBRD to build stores in Bucharest, Romania.

  • 16 Feb 2012

The development bank will syndicate up to €70m to ING and Rabobank.

Louis Delhaize has not raised funds from the syndicated loan market since before the beginning of the financial crisis, according to Dealogic data. In June 2007, the firm brought in €660m from a Crédit Agricole-led syndicate. The ...

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