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PPC: Opens the book for the bond of 300 million euros

PPC is entering the markets again today, for the second time in four months, seeking to take advantage of the positive investment momentum.

With a bond that also includes a sustainability clause (SLB), the management of the public enterprise aims to raise 300 million euros for the refinancing on more favorable terms of its existing borrowing.

EUR 103 million available for SME liquidity guarantees

Ljubljana – The Slovenian Enterprise Fund has issued a call for bank loan guarantees worth EUR 103 million for micro, small and medium-sized companies. It plans to support around 650 projects.

Under the facility, companies can secure bank loans under favourable conditions and with a subsidised interest rate, the fund said on Friday.

Companies in better shape than expected, some soft spots

Ljubljana – Slovenia has spent billions to help companies weather the coronavirus crisis and keep unemployment low. Business associations say companies are currently in good shape overall, but they highlight pockets of problems, especially among SMEs and in industries that were shut down for a long time.

Interest-free property funding legislation enters into force

Turkey's new regulation governing the interest-free funding market for housing and car sales took effect as it was published in the Official Gazette on March 7.

The Turkish Parliament approved the legislation last week, clearing the way for a possible boom in a system that has already drawn around 300,000 customers keen to avoid sky-high interest rates.

Liquidity in the market is drying up

The number of consumers seeking arrangements for various debts has soared during the pandemic, according to a survey by Wemetrix. Debtors are seeking to settle arrears for the payment of services such as utility bills, as well as to secure favorable payment plans for the acquisition mostly of homeware and domestic appliances.

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