Financed ProjectsMaillis

Identification Code:

OP/02/0326

Total Operation Cost:

100.000.000

Maturity:

42 months

Operation Status:

Description and Purpose of the Operation:

The operation involved the financing of the capital expenditure programme for modernization, expansion and acquisitions of Maillis Group as well as capital needed for the expansion of the Group's activity.

Countries of Operation:

Greece (100,00 %)

Financial Product:

Loans

Sector:

Materials

Domain:

Private

Borrower/Client:

Maillis Group (Athens),a leading group in the production and trading of secondary packaging materials, related tools and machinery.

Co-Financiers/Participants:

Syndicate of 10 Commercial banks (Initial Agent - Citibank, Successor Agent-EFG Eurobank Ergasias; EFG Telesis Finance, National Bank of Greece, BNP Paribas, Alpha Bank, Commercial Bank of Greece, Piraeus Bank, Aspis Bank, Laiki Bank, HVB Finance London Limited)

Guarantors/Sponsors:

Developmental and Regional Cooperation Impact:

The Project contributed to generation of benefits, such as: tax revenue gain, new jobs creation. Moreover, the operation led to increase in Maillis sales in Romania, Bulgaria and Albania and therefore it resulted in strong regional cooperation effect.

Environmental Classification and Impact (summary):

The Company complied with national and European Union environmental standards which was a requirement of the BSTDB Environmental Policy for this project.

Operation Leader:

General Industries, Transport, Tourism 1

E-mail:

gitt1@bstdb.org