Financial Services, Latvia, Loan, Port, Transport

International Internet Magazine. Baltic States news & analytics Friday, 05.06.2020, 12:14

Ventspils Freeport wants to raise EUR 8.2 mln to refinance its loans

BC, Riga, 22.05.2020.Print version
The Freeport of Ventspils Authority has announced a procurement to raise EUR 8.2 million which the port needs to refinance its loans, writes LETA, according to information available on the port's website.

The port authority intends to pay off the loan in eight years after signing the agreement. 

June 19 is the deadline by which applicants have to submit their bids. 

The Freeport of Ventspils would pledge its properties - land and hydro-structures - as collateral under the loan agreement.

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