News Articles Directory Video/Pictures Events Reports
         Feedback
 Advertise
 RSS feed
 


News  

Antonov will raise $30 million from VTB

Russian Aviaton » Wednesday August 31, 2011 16:40 MSK

Antonov State Enterprise intends to open a revolving line of credit of $30 million at VTB, Kommersant-Ukraine reports. The usage cost of the line will be $7,76 million (exclusive of VAT). 

The credit agreement should be signed prior to the September 21st, the further details of the deal have not been provided. 

The State Enterprise has planned earlier to open two credit lines of $30 million each, but it has been reported yesterday that the second tender has been cancelled – the bidding has been abolished due to insufficient number of inquiries from banks.