EBRD invests € 10 million in Loulis Mills

The European Bank for Reconstruction and Development (EBRD) has completed its first transaction in the agribusiness sector in Greece by providing €10 million long-term financing to Loulis Flour Mills. The EBRD participated in the purchase of a €40 million bond loan facility alongside Alpha Bank, Eurobank and National Bank of Greece. The funding will finance additional working capital and refinance part of Loulis Mills's existing and maturing debt obligations. Loulis Mills, listed on the Athens Stock Exchange, has a long and successful track record dating back more than 200 years. Today, the company employs state-of-the-art technology and produces over 120 varieties of flour and bake mixtures