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.