Multi-Currency Line of Credit

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Multi-Currency Line of Credit

A line of credit on which a company may draw in one of several currencies. For example, the company may borrow from the same credit line in either U.S. dollars or euros, depending on its specific needs at the moment. A multi-currency line of credit may save a multinational corporation the time and expense incurred in foreign exchange transactions.
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Given the specifics of the Client s key markets (CIS region accounting for more than 60 % of the revenues), EBRD is uniquely positioned to cater to the Company s working capital needs and provide a multicurrency credit line.