Original disclosure @ EBRD website
Updated in EWS Apr 7, 2023
Disclosed by Bank Jul 12, 2022
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As stated by the EBRD, the Bank invested EUR 72 million in the bond issue of the regional food retailer Maxima Grupe UAB. The total size of the issue is EUR 240 million with a 5-year maturity. The proceeds from the bond issue used to refinance the existing maturing bond.
As stated by the EBRD, Maxima Grupe UAB is a regional food retail chain and the owner of the Maxima retail chain in the Lithuania, Latvia and Estonia, the Stokrotka chain in Poland, the T-Market chain in Bulgaria and e-grocer Barbora.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Maxima Grupe UAB||Client||Industry and Trade|
Client - Maxima Grupe UAB:
Phone: +370 659 32921
Address: Savanoriu ave. 5, LT-03116, Vilnius, Lithuania
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The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
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You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html