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Rostelekom OAO Raises RUB 20 Billion Sberbank Loan-Interfax


Wednesday, 16 Oct 2013 08:40am EDT 

Interfax reported that Rostelekom OAO (Rostelecom) has raised a five-year loan of RUB 20 billion from Sberbank at 8.69% pa, the telco said. Sberbank won a tender for the right to provide the loan. It bid against VTB, which offered 10%. Rostelecom plans to use the loan to fund operating activity, refinance debt pay dividends and conduct transactions with securities. 

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23 Jul 2014