Agrokor bails out of loan syndication

Agrokor_230
By Dan Alderson
18 Jan 2017

Agrokor, a Croatian retail, food and agriculture company, has abandoned its syndication of a three year term loan complaining of unfavourable terms.

Zagreb-headquartered Agrokor launched the syndication in September as part of a wider financing exercise in which it had already secured €500m of short term debt. 

Agrokor received €100m of commitments for the September 2019 dated transaction from anchor lenders BNP Paribas, Credit Suisse, Goldman Sachs and JP Morgan, but ...

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