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Last updated on April 19, 2014 at 5:20 EDT

Latest European Bank for Reconstruction and Development Stories

2014-01-17 00:21:34

ULAANBAATAR, Mongolia, Jan. 17, 2014 /PRNewswire/ -- Sharyn Gol JSC (MSE: SHG) one of the oldest operating coal mines in Mongolia has signed a contract to receive a debt financing package of 10 million USD from EBRD. The debt financing package is to be spent for the acquisition and installation of a de-stoning plant and the upgrade and expansion of a coal enrichment and briquetting plant. These plants will supply washed coal and smokeless fuel briquettes. The washed coal and...

2013-03-13 12:24:13

KYIV, Ukraine, March 13, 2013 /PRNewswire/ -- The European Bank for Reconstruction and Development will provide a EUR 300 million loan for the comprehensive program of upgrading operating Ukrainian nuclear power plants. In addition to EBRD's loan, the European Atomic Energy Community (Euratom) will contribute another EUR 300 million to the project, reads ebrd.com. The comprehensive program comprises of a set of measures, which will bring Ukraine's operating nuclear...

2012-12-05 12:25:18

KYIV, Ukraine, December 5, 2012 /PRNewswire/ -- The European Bank for Reconstruction and Development will provide EUR 190 million for the new sarcophagus and nuclear waste storage facility at the Chornobyl Nuclear Power Plant, Ukraine. This was provisioned by today's agreement between Ukrainian government, state enterprise Chornobyl NPP and the EBRD. The agreement signed on December 4, 2012, amends the original Grant agreement between the parties. This EUR 190 million...

2010-11-30 09:37:00

KIEV, Ukraine, November 30, 2010 /PRNewswire/ -- The European Bank for Reconstruction and Development (EBRD) is providing a fifteen-year EUR 450 million sovereign loan facility to the State Road Administration of Ukraine (Ukravtodor) to finance rehabilitation and upgrade of the motorways to Kyiv, which form a part of main European and national corridors in Ukraine. The loan is especially relevant in the light of the upcoming EURO 2012 football championship finals, hosted by Ukraine....

2010-10-26 03:00:00

MOSCOW, October 26, 2010 /PRNewswire-FirstCall/ -- IBS Group Holding Limited ("IBS Group" or "the Group") announces its USD 20 Million convertible loan deal with the European Bank for Reconstruction and Development ("EBRD" or "the Bank") in line with its strategy to diversify instruments and sources of financing and in order to reduce borrowing costs. The loan period will be three and a half years. Loan interest is 6-months LIBOR plus 3% p.a. The loan, other than deferred...

2010-08-25 16:56:00

15.5 million Euro to build wastewater treatment plant in Bijeljina BANJA LUKA, Bosnia, Aug. 25 /PRNewswire-USNewswire/ -- The European Bank for Reconstruction and Development (EBRD), the EU and the Swedish International Development Agency (SIDA) announced in July that they will support further modernization of the water system services in Bosnia and Herzegovina, with 15.5 million Euro for the construction of a wastewater treatment plant and the expansion of the wastewater collection...

2009-09-11 00:55:00

HAMILTON, Bermuda, Sept. 11 /PRNewswire-FirstCall/ -- Central European Media Enterprises Ltd. ("CME" or the "Company") (Nasdaq Global Select Market/Prague Stock Exchange: CETV) today announced the pricing of its offering of fixed rate senior notes in the aggregate principal amount of euro 200 million (approximately US$ 290 million) due in 2016. The notes will be sold at a purchase price equal to 98.261% of their face amount, pay interest semi-annually at a rate of 11.625% per year beginning...

2009-09-07 01:30:00

HAMILTON, Bermuda, Sept. 7 /PRNewswire-FirstCall/ -- Central European Media Enterprises Ltd. (Nasdaq and Prague Stock Exchange: CETV) announced today that it plans to make a private placement of fixed rate senior notes in the aggregate principal amount of approximately Euro 150 million (approximately US$ 214.2 million). The Company expects to commence the offering shortly. The Company expects to apply the net proceeds from the offering of the senior notes (i) to repay the Euro 127.5 million...

2009-05-11 08:30:00

CALGARY, May 11 /PRNewswire-FirstCall/ - Further to the announcement made on February 25, 2009 regarding expanding credit facilities, Bankers Petroleum Ltd. ("Bankers" or the "Company") (TSX: BNK, AIM: BNK) is pleased to announce that it has finalized loan agreements with the International Finance Corporation ("IFC"), a member of the World Bank Group, and the European Bank for Reconstruction and Development ("EBRD") for the provision of reserve-based long-term financing of up to US$110...

2009-02-25 07:00:00

CALGARY, Feb. 25 /PRNewswire-FirstCall/ - Bankers Petroleum Ltd. ("Bankers" or the "Company")(TSX: BNK, AIM: BNK) is pleased to announce that it has formally entered into negotiations with the International Finance Corporation ("IFC") (a member of the World Bank Group), and the European Bank for Reconstruction and Development ("EBRD") for provision of a reserve-based long-term financing of up to US$110 million to fund upcoming capital requirements and working capital needs for the Company's...