USD 1,500,000 - working capital
EUR 2,750,000 - cross border sale & lease back
Financier: Piraeus Bank Romania/Bank Austria Creditanstalt Export Leasing Gmbh
Arranger: Schnecker van Wyk & Pearson
Industry: Marble extraction and processing/Country: Romania
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ROMARBLE is a Romanian company that owns 8 marble exploitation quarries and a marble processing plant.
SvWP has arranged two credits for ROMARBLE, as follows:
- USD 1.5 millions financed by Piraeus Bank (working capital)
- EUR 2.75 millions financed by Bank Austria Creditanstalt Leasing Vienna through a combination of cross-border leasing and sale & leaseback transaction for the acquisition of quarry heavy weight equipment (Caterpillar).
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