Far East | Finance, business

Sinergia firms seek $12m VTB loan

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.
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Locations: Primorsky krai

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