KIEV, Nov. 13 – National Nuclear Generating Company EnergoAtom plans to raise loans of $250 million from Bank of America and Merrill Lynch as part of the project to create a centralized waste nuclear fuel storage facility, EnergoAtom President Yuriy Nedashkovsky told reporters on Friday.

"We've entered the final straight. This week I signed a letter to the prime minister where I described all our agreements with Bank of America, Merrill Lynch and OPIC [Overseas Private Investment Corporation] so that we can receive $250 million for 25 years at a very low credit rate – less than 7%," he said.