Evraz Group | 17 November 2008 г. | 13:47

Evraz Secures VTB Financing

Evraz Secures VTB Financing

Evraz Group S.A announced that Russian bank VTB has granted Evraz a one-year 10 bln rouble (approximately $360 mln) credit facility. The two loans of five billion roubles each have been extended to NTMK and Zapsib, Evraz's Russian subsidiaries. The loan proceeds were used for regular tax payments in Russia.

Source: Metal Supply and Sales
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