January 3 (SeeNews) - Macedonian retail trade company Skopski pazar [MSE:SPAZ] said on Thursday that it has signed a 5 million denars ($92,800/81,300 euro) loan deal with local lender Komercijalna Banka [MSE:KMB] on December 14.
Skopski pazar will use the loan to finance its working capital needs and will repay the funds within 12 months, the company said in a bourse filing.
The deal is part of a framework revolving loan agreement between Skopski pazar and Komercijalna Banka.
Skopski pazar took a one-year 5 million denars loan from Komercijalna Banka in November 2018 under the same agreement.
(1 euro = 61.52 denars)
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