46472
TIRANA EAST GATE SH.P.K.
Aug 18, 2022
Albania
Europe
Sep 19, 2022
B - Limited
Active
Feb 10, 2023
Regional Industry MAS LAC & EUR
other
Approved : Oct 19, 2022
Signed : Nov 7, 2022
Invested : Feb 8, 2023
other
The proposed investment is a corporate loan of up to €40m (the “IFC Loan”) to Balfin Group (“Balfin”). The IFC loan will (i) refinance existing debt of the Tirana East Gate mall (“TEG”); (ii) fund extension, refurbishment and other related capex of TEG; and (iii) recapitalization of TEG to finance Balfin’s retail parks projects (“the Project”).
For Inquiries About the Project, Contact
For Inquiries and Comments About IFC, Contact
Local Access of Project Documentation
Balkan Finance Investment Group Sh.p.k, ‘Papa Gjon Pali II’, Floor 11, ABA Center, Postal Code 1010, Tirana, Albania.