On the 30th June 2009 CEZ Group has sucesfully signed loan facility amounting to EUR 262.350.000 with cover of German Export Credit Agency Hermes. The Mandated Lead Arrangers and Lenders are Bayerische Landesbank, BNP Paribas Bank N.V., Československá obchodní banka, a. s., and KBC Bank Deutschland AG. BNP Paribas acted as Structuring and Coordinating Bank, Bayerische Landesbank acts as Agent.
The purpose of the loan is financing of export contract with a multinational supplier on German equipment during the construction of Fantanele Wind Park project with installed capacity of 347.5 MW in Romania. The maturity of the loan will be 15 years.
The successful completion of the loan facility highlights the strong credit standing of CEZ Group, and the continued support it enjoys from its relationship banks under the current market circumstances.