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GISMETEO.RU
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Chornomornaftogaz secures $18.8m line from Sberbank, Ukreximbank
Journal Staff Report

KIEV, July 30 - Simferopol's Chornomornaftogaz has selected Subsidiary Bank Sberbank of Russia and Export-Import Bank of Ukraine (Ukreximbank) to provide credit lines totaling UAH 150 million (about $18.8 million at the current exchange rate), according to information posted on the state procurement Web site.

Subsidiary Bank Sberbank of Russia will provide UAH 60 million ($7.5 million) for one year at 18% in hryvnias or 11% in the U.S. dollars, with a one-time commission fee equal to 0.25% of the total for the credit line.




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