4 Jun '09
Two Sinergia Group companies in Primorsky Region, Nakhodkinsky Meat-Packing and Ussuriisky Dairy, intend to open a $12m line of credit with VTB Bank, a loan guarantor, Vladivostok-based Zarya, reported today.
Zarya reportedly agrees to act as surety for the two firms’ VTB loan.
According to the report, the line of credit will be opened at a rate of no more than 30% for a max. three-year period.