Serbia’s Farmakom harvests €120m

Serbian agriculture, manufacturing and mining company Farmakom has signed a loan package totalling €120m with the International Finance Corp and several commercial lenders.

  • 17 Oct 2011

The facilities are split between a €70m ‘A/B’ loan led by the World Bank’s private sector lending unit, the IFC.

The IFC provided a €40m ‘A’ loan while Erste Bank committed €30m for the ‘B’ piece. The remainder of the package was provided by domestic Serbian commercial lenders in ...

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