Lebanon, May 20 -- The European Bank for Reconstruction and Development (EBRD) is supporting the resilience and sustainable growth of Lebanon's food retail sector with a US$22 million financing package for Spinneys Levant Limited, a leading retailer in the country operating through its subsidiary Gray Mackenzie Retail Lebanon SAL (GMRL).The package comprises a US$20.5 million senior loan from the EBRD and a US$1.5 million co-investment grant to support Spinneys Levant's capital expenditure programme in Lebanon, and finance energy efficiency investments that would otherwise not be commercially viable.The investment benefits from blended concessional finance (first loss guarantee mechanism provided by the European Union under the European Fun...