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Nizhegorodskiy mashinostroitel'nyi zavod OAO approves credit agreement

Friday, 8 Aug 2014 06:04am EDT 

Nizhegorodskiy mashinostroitel'nyi zavod OAO:Approves signing a credit agreement with VTB Bank OAO branch in Nizhniy Novgorod for a credit line of 5 billion Russian rubles limit.The proceeds will be used to finance the company's regular and ongoing business activity.The credit is provided for 1795 days.The interest rate is 10.7 percent per annum. 

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