Motor Oil announced that it has agreed on the issuance of a common Bond Loan for the amount of EURO 50 million on March 31st, 2011.
The purpose for the issuance of this loan is the restructuring of part of the existing short-term bank liabilities of the Company by turning them to long term, according to an announcement.
The decision for the issuance of the loan was approved by the Extraordinary General Meeting of March 14th, 2011, and the Arranger of the loan is Alpha Bank.
The purpose for the issuance of this loan is the restructuring of part of the existing short-term bank liabilities of the Company by turning them to long term, according to an announcement.
The decision for the issuance of the loan was approved by the Extraordinary General Meeting of March 14th, 2011, and the Arranger of the loan is Alpha Bank.
source: CAPITAL
