Agrokor attracts over 20 lenders to new loan

Agrokor
By Bianca Boorer
06 Jul 2017

Agrokor, the troubled Croatian food company, has announced that over 20 lenders have agreed to provide €320m of new funds by the end of this week.

Since it went into administration on April 10, Agrokor has borrowed €80m from Erste Bank, Privredna Banka Zagreb, Raiffeisenbank Austria, VTB and Zagrebačka Banka to keep it afloat. 

VTB confirmed to GlobalCapital that it will participate in this new loan, “alongside a number of other banks and companies”.

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