Turkey: Efes mandated Citigroup for a debt finance package with USD 500 million
Anadolu Efes Biracılık ve Malt Sanayi A.Ş. (“Anadolu Efes”) and its 70% owned Dutch subsidiary Efes Breweries International (“EBI”) announced on February 14 that they have jointly mandated Citibank N.A. and Citigroup Global Markets Limited (together “Citigroup”) and HSBC Bank plc, collectively, for a debt finance package with a total amount of USD 500 million.
The proportion by which Anadolu Efes and EBI will share the financing package is yet to be determined.
The proceeds from the financing package are intended to be invested in EBI’s organic and inorganic growth plans, including the funding of the purchase of the Russian based Krasny Vostok Brewing Group shares about which EBI recently disclosed its intention by its entry into a Share Purchase Agreement.
Wstecz
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