Geant, BHV and Monoprix related to ADMIC, S.A.L.
ADMIC, Lebanon’s leading retailer, has been negatively affected by the repercussions of the war in Lebanon and the subsequent political conflict. In that regard, ADMIC has requested up to $20 million IFC loan and equity/quasi equity financing to:
- complete its second BHV department store, Monoprix and Geant Casino
- replace its expensive short term debt with more appropriate long term funding to enable its expansion.
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