The Bratislava oil refinery Slovnaft Inc. signed a contract for a syndicated loan worth 75 million DM to fund the purchase of new technology for its more efficient processing of crude oil. The seven-year loan has the longest maturity to date of any syndicated loan provided to Slovak companies. The loan was arranged by ING Barings-London and ING Bank-Bratislava and co-arranged by Bank Austria, Commerzbank, Dai-Ichi Kangyo Bank and Sanwa Bank. Leading managers of the loan are ČSOB, Creditanstalt, Dresdner Bank Luxembourg and National Westminister Bank. The loan's agent is ING Barings.
28. Aug 1996 at 0:00 | From press reports of TASR and SITA