Romaero Shareholders OK RON59.9M Loan Contraction From CEC Bank

09.15.2020 By Ecaterina Craciun

Shareholders of Romanian aircraft parts maker Romaero (RORX.RO) on Tuesday approved a decision to contract some credit facilities from lender CEC Bank within a maximum ceiling of RON59.9 million, respectively a RON45.2 million facility, over a 60-month period, to pay its state budget debts, and a RON14.7 million facility, over a 36-month period, to finance its current activity, per a stock market report.

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