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Bosnia and Herzegovina
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Fortenova sells agri unit to Podravka for 333 mln euro
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Bosnia’s Autoceste FBiH opens tender for 18 mln euro loan financing - report

Nov 13, 2020, 12:00:00 AMArticle by Stefan Radulovikj
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November 13 (SeeNews) - Bosnian state-owned motorway company Autoceste FBiH has opened a tender for 35 million marka ($21.1 million/17.9 million euro) loan financing from commercial banks it will use to settle current liabilities, local media reported on Friday.

Bosnia’s Autoceste FBiH opens tender for 18 mln euro loan financing - report
Bragin Alexey/Shutterstock.com

The planned borrowing is divided into six lots, five of which in the amount of 5 million marka each and one worth 10 million marka, news portal eKapija.com reported.

The deadline for using the proceeds from the loan financing is 12 months from the day of receiving it.

The fixed interest rate is going to be calculated every month separately, and can reach a maximum of 0.2%.

The deadline for submitting offers is December 20.

(1 euro = 1.95583 marka)

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