Romania Cable Systems (RCS&RDS) has reportedly entered into negotiations with a number of financial institutions to secure a loan worth EUR300 million (USD412.7 million) over a period of five years, which it intends to use to pay off a number of existing debts. According to Ziarul Financiar, one of the banks involved is Credit Suisse, which is prepared to lend RCS&RDS around EUR100 million of the total figure.
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OVETEL Cash-strapped ice cream man taps Credit Suisse for ‘hundreds and thousands’ to ease debts
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