Deere Gets EBRD Loan for Leasing

The European Bank for Reconstruction and Development has given U.S. farm equipment maker Deere Company a loan of $4.7 billion rubles ($168 million) to set up a leasing firm in Russia. The EBRD said Friday that the five-year loan will mostly support renewing farm equipment and will also target the forestry and construction industries. The loan represents the first part of a planned EBRD financing package for this project, it said. The number […]