Siretul Pascani To Extend Loan From BCR

F.A.
Ziarul BURSA #English Section / 12 februarie 2007

Shareholders In textile producer Siretul Paşcani will convene on February 24th to discuss the extension by one year of a one million RON loan contracted from BCR, as well as of loan-related guarantees. The shareholders will also discuss the approval of a bank guarantee letter worth 100.000 USD in favor of Ensar Tekstil and the extension of a guarantee letter of good execution worth 250.000 USD in favor of Kortecs.

The majority share holders in the company are SSIF Broker and SIF Transilvania. The company is listed on the Bucharest Stock Exchange ans has a stock market capitalization of 13,7 million RON.

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