Petrol signed EUR 30 million Schuldscheindarlehensvertrag with Raiffeisen Bank International AG

The company Petrol d.d., Ljubljana, signed on June 4th, 2012, two Schuldscheindarlehen (assignable loan agreements) with Raiffeisen Bank International AG acting as arranger and paying agent in the total amount of EUR 30 million. Schuldscheindarlehen are loan instruments, used for many years in the German-speaking countries. In essence a Schuldscheindarlehen is a loan, privately placed with investors, unlisted and governed by German law.

Petrol d.d., Ljubljana, concluded such loans for the first time in its history by which the Company diversified its financial sources and continued with the restructuring of short-term obligations into long-term financial commitments. The loans are taken out on an unsecured basis with a maturity of three years and bullet repayments, one with fixed interest rate and the other one with floating interest rate. The transaction shows that Petrol enjoys a great trust and reputation on the international financial markets.