CEZ Receives €100M EBRD, IFC Loan

CEZ has secured a new €100 million loan.

CEZ has secured a new €100 million loan, Reuters reports. The debt was provided by the European Bank for Reconstruction and Development and the International Finance Corporation.

The Czech electricity firm intends to use the proceeds for development of its power network in Albania. The financing was arranged by Komercni Banka, Ceska Sporitelna and CSOB. 
Click here for the story from Reuters.