Asia-Pacific loans Amurfarmatsia $8.3m | Far East, Finance, business

Far East | Finance, business | Industry, manufacturing

Asia-Pacific loans Amurfarmatsia $8.3m

30 Dec '09
Amur regional pharmaceutical firm Amurfarmatsia expects an $8.3m, 18% loan from Blagoveshchensk-based Asia-Pacific Bank (Amur Region), Interfax reports.

The loan will be reportedly provided for five years.

It was earlier reported that Amur regional authorities had pledged a $7.9m government guarantee for the company’s prospective loan.

Amurfarmatsia is the largest pharma company in Amur Region.