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Michailides secures borrowing base revolver

22 January 2010

Banks have signed revolving borrowing base facility for Greece’s Leaf Tobacco Michailides.

Read more: Leaf Tobacco Michailides borrowing base Greece commodity financing

Banks have signed a Eu60 million revolving borrowing base facility for Greece’s Leaf Tobacco Michailides (Michailides).

The facility was fully subscribed, has an 18 month tenor and is for financing the purchase,

processing and storage of stocks of tobacco sold to buyers and...


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