Sberbank opened a credit line of $70 mln to “Seligdar gold” OJSC

Sberbank opened non-revolving credit line of $70 million to “Seligdar gold” OJSC, part of “Seligdar” OJSC, runs the company’s statement.

The credit is for financial support of preparation to the season of gold production 2016 and granting loans to the holding’s enterprises. The financing schedule is no more than 29 months since the conclusion of an agreement on opening of the credit line. An annual interest rate is 8%.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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