EIB GERMAN LOAN
November 1st, 2004
BY KEITH NUTHALLTHE EUROPEAN Investment Bank (EIB) is planning to lend up to Euro 175 million to help upgrade the breweries of a "leading family-owned German beverage group". A bank official said the EIB would not reveal the borrower ahead of a final decision on the loan by its board, however.The money would help fund a Euro 350 million investment programme for factory modernisation and upgrades at the company's breweries in the Rhineland-Palatinate, Thuringia, Saxony and North Rhine-Westphalia, during 2004-2007. The bulk of this money will go on replacing ...
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