Original disclosure @ IFC website
Updated in EWS May 12, 2022
Disclosed by Bank Jun 25, 2021
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According to the Bank's website, the project provides funding to the CTP NV to finance investments in the Green Bonds for the development of green-certified industrial and logistics properties in Romania and Serbia.
On May 13, 2021, IFC’s board of directors authorize it to invest up to an aggregate of €150 million in 7 to 10-year, green, Eurobonds to be issued by CTP N.V. (CTP or the Company, or together with its subsidiaries, the Group) under CTP’s €8 billion Euro Medium Term Notes (EMTN) program (the Green Bonds). CTP will use the proceeds of IFC’s investment in the Green Bonds for the development of green-certified industrial and logistics properties in Romania and Serbia (the Project).
The Group was established in the Czech Republic in 1998 and developed into a major industrial and logistics real estate owner-developer in the CEE region. The Company is a public limited liability holding company incorporated under the laws of the Netherlands. CTP is the indirect parent of all property-owning companies of the Group. The Group is majority owned and controlled by Mr. Remon Vos.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||CTP NV||Client||Industry and Trade|
PROJECT CONTACT INFORMATION
Romania: Ana Dumitrache/Serbia: Vlatko Djuricek
Country Head Romania/Country Head Serbia
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