09/30/15 08:36
(http://www.klassa.bg/)

BEH sends a second invitation to banks for a loan of EUR 650 million

BEH published a second invitation to banks which would grant a loan worth EUR 650 million to the state-owned company. During the first procedure, there were less than 5 banks. Therefore, companies with state ownership exceeding 50% which launch public procurements should publish a second invitation.

In this case, the deadline for sending bids is only 5 days and expires on 2 October. If no one shows interest until then, BEH has the right to choose among the 5 banks.

The funds will be used by BEH's subsidiary NEK to repay its debts to the two U.S. power plants – TPP AES Galabovo and TPP ContourGlobal Maritza Iztok 3 which owe more than BGN 900 million.

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