DFF - Avrora
Sector: Oil and Gas • Location: Azerbaijan
Source: European Bank for Reconstruction and Development (EBRD)
The Project consists of a senior secured loan up to EUR 25m with Tranche 1 (EUR 12.5m) to be committed for the investment in pasta production and an uncommitted Tranche 2 (EUR 12.5m) to finance biscuit, cake and feed business lines. The loan will be fully provided in Azerbaijani manats. Azerbaijan economy has been hit by the twin shocks of the COVID-19 pandemic and a slump in oil prices in 2020 an
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | complete |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The Project consists of a senior secured loan up to EUR 25m with Tranche 1 (EUR 12.5m) to be committed for the investment in pasta production and an uncommitted Tranche 2 (EUR 12.5m) to finance biscuit, cake and feed business lines. The loan will be fully provided in Azerbaijani manats. Azerbaijan economy has been hit by the twin shocks of the COVID-19 pandemic and a slump in oil prices in 2020 and GDP has contracted by 4.3%. However, with correction of oil prices the GDP is forecasted to increase by 2% in 2021. The client's both segments of business (distribution and production) were positively impacted and revenues have increased by 24% in 2020. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
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