ChMK has extended credit agreements with Sberbank for 82.59 bln roubles until 2020
Edited by Rhod Mackenzie / 2016-02-10 12:29:44
Chelyabinsk metallurgical plant PJSC has signed the additional agreements to the agreements on the opening of 2 irrevocable credit lines for 48.242 bln roubles (that amounts to 40.99% of the balance value of assets) and 34.348 bln roubles (29.19% of the balance value of assets).
The additional agreements were signed on February 8th as additions to the agreements as of October 13th 2010 and December 19th 2013. The period of execution of obligations by the deal is April 10th 2020.
The deal was approved by the Board of ChMK on February 5th 2016.
