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CORPORATE NEWS

ZSE signs $59 m syndicated loan

Západoslovenská Energetika (ZSE), a state-run energy distribution utility in western Slovakia, signed during the first week of August an agreement on a syndicated, revolving loan worth $59 million with CS First Boston.

The loan's interest rate was set at LIBOR +0.425 percent p.a. Other members of the syndicate were Bank Austria, Bankgesellschaft Berlin Group, The Bank of Tokyo, Bayerische Landersbank, The Daichi Kangyo Bank, Royal Bank of Canada Europe, and Société Générale.

Top stories

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

Richard Sulík is a man of slang.

Poll: Smer followed by SaS, KDH also in parliament

Had the general election taken place in mid-February, the opposition Freedom and Solidarity (SaS) would place second, and the now extra-parliamentary KDH would get nine seats.

Alojz Hlina took over at the helm of KDH

Woman who urinated on the Quran arrested, awaiting trial

Some observers believe the video might lead to increasing security risks for Slovakia.

The accused woman arrives to the court.