Madrid-based Amadeus IT Group has secured a loan for €200 million ($255 million) from the European Investment Bank (EIB) to finance research and development for a variety of IT projects for airlines, airports, hotels, and rail between 2012 and 2014.
The loan, which has a nine-year maturity, will be awarded in two tranches from May 24: one with a notional value of €150 million, with semester repayments after the third year; and a second with a notional value of €50 million, with semester repayments after the fourth year.
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