KIEV, March 6 – Zaporizhia Semiconductor Plant is to obtain a EUR 150 million line of credit from State Export-Import Bank of Ukraine (Ukreximbank).

According to an official report of the company, an agreement on the issue of the credit as a seven-year nonrefundable multicurrency credit line was signed on March 3.

According to the conditions of the agreement, Ukreximbank has reserved its right to annually review the interest rate, setting it at 14.98% on commitments in U.S. dollars and 22.98% on commitments in hryvnias.