Rasnov Loan 2005

Orașul Râșnov
Orașul Râșnov
Financial advisor VMB Partners SA
Object of contract Loan structuring
Value 6.000.000 RON
Contracting date 2005
Notification of Local Loans Authorization Commission Decision no. 296 / 24.03.2006
Time period 20 years
Grace period 3 years
Interest rate ROBOR3M + margin
Financing bank Banca Comerciala Romana
Collateral Own revenues
Capital investments System rehabilitation water supply, expanding sewerage network, flare, readjusting and asphalting sidewalks and alleys, modernization, street asphalting.
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