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Volga | Materials, extraction | Finance, business
Sberbank loans $48m to Bashneftegeofizika
24 Jun '11
Republic of Bashkortostan geophysics company Bashneftegeofizika has opened a $48.4m non-revolving line of credit with Sberbank, the company reports.
Under plans, the funds are to be used to make payments on the company’s contract with the supplier of seismic equipment Sercel.
The debt repayment date is March 24, 2014, the interest rate has yet to be disclosed.
Under plans, the funds are to be used to make payments on the company’s contract with the supplier of seismic equipment Sercel.
The debt repayment date is March 24, 2014, the interest rate has yet to be disclosed.
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