Project Notice |
|
| PNR | 45857 |
| Project Name | Barut Hotel |
| Project Detail | Provision of a senior loan up to EUR 25 million (the Loan) in favour of Bartu Turizm Yatirimlari A.S (the Borrower or Bartu Turizm) to refinance its outstanding short-term loans. Project Objectives EBRDs financing will be response to the COVID-19 pandemic which significantly affected the Companys operations due to the social and travel restrictions. The Project will provide relief to strain on the Companys cash flow with a long amortization schedule and hence help it withstand the impact of the ongoing COVID-19 pandemic. |
| Funded By | European Bank for Reconstruction and Development (EBRD) |
| Sector | |
| Country | Turkey , Western Asia |
| Project Value | TRY 25,000,000 |
Contact Information |
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| Company Name | BARTU TURZIM YATIRIMLARI AS |
| Address | Ilker Orgun ilker.orgun@baruthotels.com +90 242 310 99 61 www.baruthotels.com Sirinyali; Mah. Lara Cad. No: 24 Akra Otel Muratpasa/ANTALYA |
