Project Notice |
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| PNR | 65719 |
| Project Name | CIMEX Hospitality |
| Project Detail | Location: Czechia Project number: 55435 Business sector: Property and tourism Notice type: Private Environmental category: B Approval date: 11 Dec 2024 Status: Exploratory English-language PSD published: 06 Nov 2024 Project Description Provision of a EUR 46.8m senior secured loan alongside co-lenders participating in the provision of up to an aggregate EUR 140.4m, in favour of Cimex Hospitality Investments s.r.o. (the Company). The Loan will be a part of a syndicated loan to refinance the Companys existing debt and to fund its CAPEX programme. Project Objectives The loan proceeds will be used to refinance the Companys existing debt and to fund its CAPEX programme in the next 2-3 years to refurbish the Companys hotel portfolio in the Czech Republic. |
| Funded By | European Bank for Reconstruction and Development (EBRD) |
| Sector | Advertising & Media |
| Country | Czech Republic , Eastern Europe |
| Project Value | CZK 140,400,000 |
Contact Information |
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| Company Name | CIMEX HOSPITALITY INVESTMENTS |
