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Astarta receives USD 25 mln credit line from Netherlands’ FMO

Astarta receives USD 25 mln credit line from Netherlands’ FMO

28 October 2008

Astarta (AST PW) has been extended a USD 25 mln, seven-year credit line from Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO), the company said via in announcement to the Warsaw Stock Exchange yesterday. The company plans to use the funds to refinance its USD 15 mln credit line from ABN Amro, finance capital expenditures, and boost working capital.

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