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Croatia's Luka Rijeka takes out 10.5 mln euro ($12.4 mln) loan to finance investments

Author Annie Tsoneva
Croatia's Luka Rijeka takes out 10.5 mln euro ($12.4 mln) loan to finance investments Rijeka port; Source: Luka Rijeka

ZAGREB (Croatia), September 9 (SeeNews) - Croatian port operator Luka Rijeka [ZSE:LKRI] said on Thursday that it signed a 10.5 million euro ($12.4 million) long-term syndicated loan deal with several unnamed commercial banks supported by state-owned development bank HBOR.

The loan will will be used to finance investments and will be repaid within 12 years, the port operator said in a filing to the Zagreb bourse.

Luka Rijeka's shares traded at 26.80 kuna ($4.2/3.6 euro) on the Zagreb bourse intraday on Thursday, down 4.29%.

Rijeka, situated in the northern part of the Kvarner Bay, is the largest seaport in Croatia.

(1 euro = 7.485 kuna)

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