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CORPORATE NEWS

SEZ signs $20 million syndicated loan

The Slovak state-owned energy utility Stredoslovenské Energetické Závody š.p. (SEZ) signed a $20 million syndicated loan arranged by Tatra Banka, the bank announced on February 23. "This loan is the first syndicated credit for [the SEZ] and represents a significant step forward in the process of integration between the Slovak and European enegy sectors," Tatra banka said. The loan has a five year maturity and has an interest rate of LIBOR+1.1 percent. Raiffeissen Zentralbank Österreich AG and Société Générale Prague are co-arrangers. The SEZ, operating in Central Slovakia, is the biggest of the country's three regional energy distributors. Its annual turnover exceeds 10 billion crowns.

Top stories

Legitimising fake news

One of Slovakia’s media schools has invited a well-known conspiracy theorist to an academic conference. What does this say about the state of the Slovak media?

Tibor Rostas

Suicide game does not exist and visa-free regime for Ukrainians is not a lie

The Slovak Spectator brings you a selection of hoaxes from the past two weeks.

There is no computer game that makes people commit suicides.

It’s not easy being an ‘alien’ in Slovakia

Are Slovaks scared of foreigners? The stories of those who are trying to make their homes here suggest that ignorance and bureaucratic inertia, rather than fear, cause more problems.

Dealing with state offices may be difficult and time-demanding.

President Kiska uses train for first time Photo

After criticism from coalition MPs for flying and a troublesome car trip, Slovak President Kiska to commute to Bratislava by international train, boarding it in his hometown of Poprad.

President Kiska gets off the IC train in Bratislava.