European Bank for Reconstruction and Development signed a share purchase agreement to acquire additional 5.06% stake in ProCredit Holding AG & Co. KGaA (XTRA : PCZ) from International Finance Corporation.

European Bank for Reconstruction and Development agreed additional 5.06% stake in ProCredit Holding AG & Co. KGaA (XTRA:PCZ) from International Finance Corporation on March 17, 2023. Following this transaction, EBRD’s stake will increase to 8.7% in ProCredit Holding and IFC will hold no stake in it.

In a related transaction, European Bank for Reconstruction and Development signed a share purchase agreement to acquire a 9.9% stake in ProCredit General Partner AG from International Finance Corporation.