EBRD lends EUR 5.5 M to Bulgaria's Billboard AD

The European Bank for Reconstruction and Development has signed a EUR 5.5 M loan with Billboard AD, a major Bulgarian provider of printing and outdoor advertising solutions. The EBRD loan will help the company improve its capital structure by increasing the share of long-term debt...
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E-mail article Print Save Additional News in English Još vesti na Srpskom Επιπλέον ειδήσεις στα Ελληνικά Text

EBRD lends EUR 5.5 M to Bulgaria's Billboard AD



Balkans.com Business News Correspondent - 09.01.2013

The European Bank for Reconstruction and Development has signed a EUR 5.5 M loan with Billboard AD, a major Bulgarian provider of printing and outdoor advertising solutions. The EBRD loan will help the company improve its capital structure by increasing the share of long-term debt and matching the debt profile to current and future cash flows, the bank said in a statement.

A portion of this new funding will help complete Billboard's investments aimed to further broaden the company's product portfolio in its drive to meet increasing local and international demand, Novinite reports.

Misi Vallo
WebHostingBuzz.com

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