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Announcement of SKODA Signs Record Loan Package of DM 1.4 Billion with IFC, EBRD and Forty-Five Banks on September 17, 1993 (anglais)

This press release announces a project financing package of DM 1.4 billion in long-term loans was signed in London between SKODA, automobilova a.s., the Czech affiliate of Volkswagen AG (VW), and 47 financial institutions, marking the largest syndicated bank financing for an Eastern European company on September 17, 1993. The financing, arranged by IFC, EBRD, and four lead banks, supports SKODA's 1992-1998 investment program to expand and modernize...
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