IFLR1000

Apollo Tyres €300 million financing

11/8/2015
Financing
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€ 300 million

$ 321.686 million

Completed

11/8/2015

Overview:

  • Apollo Tyres has taken out €300 million in new credit facilities.
  • ABN AMRO, Magyar Export-Import Bank, Raiffeisen Bank, Standard Chartered and UniCredit acted as lead arrangers.
  • The financing will be used to develop a greenfield plant in Hungary.

Sam Duke - Editor

Jurisdiction:

Netherlands

Deal type:

Financing

Practice area:

Banking

Industry sectors:

Industrials and manufacturing
Automotive

Firm:
Allen & Overy

Party: ABN AMRO (Lead arranger)

Party: Raiffeisen Bank International (Lead arranger)

Party: Standard Chartered (Lead arranger)

Party: Unicredit (Lead arranger)

Party: Magyar Export-Import Bank (Lead arranger)

Lawyer: Femke Bierman

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