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Srbijagas JP Seeking $247.6 Million in Sovereign-Backed Loans
Oct. 22, 2012 11:30AM PST
Oil and Gas InvestingPlatts reported that Serbia’s natural gas heavyweight, Srbijagas JP, is seeking 190 million euros ($247.6 million) in sovereign-backed loans.
Platts reported that Serbia’s natural gas heavyweight, Srbijagas JP, is seeking 190 million euros ($247.6 million) in sovereign-backed loans.
As quoted in the market report:
The aid for the liquidity-stricken Srbijagas needs parliamentary approval. The company wants to borrow 50 million euros from the London-based Deutsche Bank AG (DBK) and 20 million euros from Amsterdam Trade Bank NV, according to a draft bill the government submitted to lawmakers today.