12 Nov '10
The Khabarovsk Oil Refinery has announced plans to take out $778m in loans with state-run Vnesheconombank (VEB).
Under plans, the company is to take out a $239m loan, to be repaid on July 10, 2022, and $240m ten-year loan, as well as a 218m Euro (about $299m ) loan, also repayable by July 10, 2022.
The loan interest rates have yet to be disclosed.
Under plans, the funds are to be invested into the plant reconstruction.