Ukraine DTEK raises 416 mln euro loan
KIEV Oct 18 (Reuters) - Ukraine's largest private power and coal producer DTEK said on Thursday it had signed an agreement for a 416 million euro syndicated credit line to finance modernisation programmes.
The loan was arranged by Sberbank, Gazprombank , ING Bank NV and UniCredit Bank Austria AG . The facility has two tranches of three and five years, DTEK said in a statement.
DTEK, part of the empire of Ukraine's richest businessman Rinat Akhmetov, accounts for about 29 percent of the country's thermal power generation. It also controls about 46 percent of Ukraine's coal production and about 43 percent of power distribution. (Reporting by Pavel Polityuk; Editing by Hans-Juergen Peters)
- Israel rejects ceasefire plan, source says, as death toll nears 850 |
- Obama tells Central American leaders most children will go home
- First Ebola victim in Sierra Leone capital on the run
- EU edges to economic sanctions on Russia but narrows scope |
- Bad weather seen as probable cause of Air Algerie crash