loan

Tanners to receive Tk4 billion bank loan cap

Published: June 30, 2022

The Bangladesh Bank has set a loan cap of Tk4 billion (US$42.74 million) for tanners to procure rawhides in the upcoming Eid-ul-Azha season.

Mondial Suole secures loan for sustainability plan

Published: February 12, 2021

The footwear sole manufacturer based in Marche, Italy, has obtained a €6.5 million loan for sustainable development projects.

Prada Group signs €90 million sustainability linked loan

Published: February 11, 2021

The Italian luxury fashion Group has signed a new sustainability linked loan with the UniCredit banking group.

Easier loan terms for Bangladesh’s tanners

Published: January 7, 2021

On January 6, the Bangladesh Bank reportedly introduced a loan rescheduling and one-time exit policy with easy terms for tanneries.

Stahl debt facilities extended

Published: September 3, 2020

Wendel, Stahl’s major shareholder, said it has welcomed the successful achievement of a process of Amend and Extend of the debt facilities of the chemical manufacturer.

Pittards secures US$1.26 million coronavirus loan

Published: July 21, 2020

The UK headquartered manufacturer of specialty leather said that, in order to supplement its existing facilities and strengthen its liquidity, it has successfully secured and drawn down a Coronavirus Business Interruption Loan Scheme (CBILS) of £1 million (US$1.26 million).

Brooks Brothers secures loan after filing for bankruptcy

Published: July 16, 2020

The privately-owned company and oldest clothing retailer in the U.S., which filed for Chapter 11 bankruptcy on July 8, is reported to have secured a zero-interest loan of US$80 million.

JLR secures US$705 million loan from Chinese lenders

Published: June 9, 2020

The UK headquartered automotive manufacturer, owned by India’s Tata International, is reported to have entered into agreements with lenders in China for an unsecured three-year term loan facility of CNY5 billion (US$704.50 million).

Renault could close four production sites in France

Published: May 20, 2020

Allegedly, the plant closures would be part of a major cost-saving strategy by the French carmaker, which is said to be struggling with the crisis hitting the automotive sector.

Prada signs business loan linked to sustainability

Published: November 6, 2019

The Italian fashion Group has signed what is being described as the first business loan in the luxury goods sector that links the annual interest rate to a company’s sustainability efforts.