print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases  Rosseti North-West REGISTER LOG IN

Press Releases > Rosseti North-West  all about the company

company search
all press releases
all Rosseti North-West press releases

Rosseti North-West

October 1, 2010

IDGC of North-West has chosen two banks which will provide credits for RUR 3.5 billion in total

The auction was held under seven lots; four banks joined in the auction and made their offers.

IDGC of North-West held an open-bid auction for the right to sign agreements for rendering financial services of opening revolving credit facilities with the effective duration of 5 years for a total of RUR 3.5 billion. RUR 2 billion of them are to be provided for a loan period of 1-3 years; RUR 1.5 billion – for 3 - 5 years.

JSC "Savings Bank of Russia" (Sberbank) and "Bank VTB North-West" (branch Operations Department-5) won in the auction. They offered the lowest credit rates. The auction was held under seven lots - RUR 650 million, RUR 600 million, RUR 550 million, RUR 500 million, RUR 450 million, RUR 400 million and RUR 350 million. The auction was recognized invalid as to one lot; nevertheless, an agreement will be concluded with the single participant of the order placement.

Four banks joined in the auction with their offers: JSC "Gazprombank", JSC Bank VTB North-West", JSC "NOTA-BANK", JSC "Savings Bank of Russia".
The loan proceeds are planned to be assigned for refinancing of the loan debts and updating of the current assets, including energy equipment repairing.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer