The Baltics Today

SEB, DNB Banks grant EUR 30mn for Lithuanian Co Linas Agro Group’s subsidiary

SIA Linas Agro, a subsidiary of AB Linas Agro Group, has refinanced its existing liabilities and attracted new capital to develop its business in Latvia. The credit line for working capital in the amount of 30 million euros has been granted by SEB and DNB banks in Latvia within the scope of the club loan with SEB Banka being the leading bank of the transaction. The funding is secured in equal parts - 15 million euros by each bank, says the company in a statement, informs ELTA/LETA.... Read more...

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