South West | Energy, utilities | Finance, business

MRSK South to open $26m LOC with Center-Invest

4 Aug '09
Interregional distribution grid company MRSK South has opened a $26m line of credit with Center-Invest bank in Rostov-on-Don, the bank reports.

The LOC is reportedly to be opened for 18 months. The interest rate has yet to be disclosed.

Under plans, the funds are to be used to finance the companys current operations.
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