Volga | Transport, logistics | Finance, business

Griffin Partners gets $48m EBRD loan

23 Dec '08
American developer Griffin Partners has taken out $48m loans with European Bank for Reconstruction and Development, the company reports.The company reportedly got $42m ten-year loan and $6m eight-year subordinated loan.

The funds are to be invested in construction of an A class logistics complex, to be named Volzhsky Industrial Park, in Nizhny Novgorod region.

Marchmont reported the project earlier (see news of November 13).
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