The government on Thursday gave its consent and guarantees for three loans to be taken by the Croatian motorway and road operators -- HAC and HC -- and this refers to two loans with an aggregate amount of €144 million for the HAC company and for HRK 703 million loan for the HC operator.
The HAC motorway operator was given consent and a guarantee for a €62.58 million loan from a group of banks -- HBOR, ZABA and HPB - to reschedule and existing loan previously taken from the German KfW IPEX-Bank.
HAC will thus be provided with an additional cash flow in the amount of €35.8 million in the period from June 2021 to June 2024 and the funds will be used for the construction of the Lekenik-Sisak section of the A11 motorway, Transport Minister Oleg Butković said.
HAC has been provided with a state guarantee for a loan of €81.4 million from the Croatian Bank for the Reconstruction and Development (HBOR) and the Croatian Postal Bank (HPB) to finance the Rupa-Rijeka-Žuta Lokva section of the A7 motorway. The loan with a four-year grace period will be settled within 13 years.
(€1 = HRK 7.515837)
(
Hina)
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