Far East | Energy, utilities | Finance, business

Vozrozhdeniye to loan $6.4m to Far East Generating Co

27 Aug '09
Far East Generating Company is to open a $6.4m line of credit with Vozrozhdeniye Bank, the bank reports.

The bank was reportedly selected at an open tender, held by the company.

The funds are to be loaned for one year, the interest rate has yet to be announced.

Under plans, the funds are to be used to finance the firm’s current operations.
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