Petrom takes out a €375 mln loan while international financial crisis rages

This loan is preferential, made available by a club of five banks, with excellent relations with Petrom and OMV, the latter Petrom’s majority shareholder: UniCredit Bank Austria AG, Credit Agricole Luxemburg S.A., Erste Group Bank AG, Raiffeisen Zentralbank Österreich AG and Societe Generale Bank&Trust (SGBT). The loan can be used in euro, lei and dollars, with the interest margin set based on the foreign currency at 1.5 percent per year above the reference rate (EURIBOR, ROBOR, LIBOR).