Europe News

Cyprus ratings affirmed

Standard & Poor’s Ratings Services has affirmed its ‘A/A-1’ foreign currency and ‘AA-/A-1+’ local currency ratings on the Republic of Cyprus. The affirmation reflects …

Europe / 26-11-02 / by

Romanian bank issued guarantee

Miga issued a €14.2mn guarantee to Bank Austria Creditanstalt for its €15mn shareholder loan to HVB Bank Romania, designed to help the Romanian bank …

Europe / 26-11-02 / by

Croatian shipyard loan sees an increase

Brodosplit, the Croatian shipyard, has increased its borrowing target from US$16mn to US$19mn following an oversubscription in general syndication. The loan, arranged by standard …

Europe / 26-11-02 / by

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Eximbank Turkey gets reprieve

Standard & Poor’s Ratings Services said today it revised its outlook on the Export Credit Bank of Turkey (Eximbank Turkey) to stable from negative. …

Europe / 26-11-02 / by

Upgrade for Turkey

Standard & Poor’s Ratings Services has revised its outlook on the Republic of Turkey to stable from negative. At the same time, Standard & …

Europe / 26-11-02 / by

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EBRD backs Ukraine agribusiness

The European Bank for Reconstruction and Development (EBRD) is extending a US$10mn credit line to Ukraine's Aval Bank for financing local agribusiness companies.

Europe / 26-11-02 / by

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Opic helps Russian SMEs

The Overseas Private Investment Corporation (Opic) has committed to provide a US$30mn loan to Russia's leading micro

Europe / 26-11-02 / by

Banks refinance Czech TV firm

Arrangers Bank Austria, ING and Standard Bank London have closed a refinancing for Czech television group Bivideon, which is owned mainly by Deutsche Equity …

Europe / 26-11-02 / by