14 Sep '10
Tula-based metallurgic company Tulachermet has opened a $16.3m revolving line of credit with Zenit Bank, Interfax reports.
The funds are reportedly loaned for one year at 11% interest rate.
The loan guarantor is Tulachermet’s affiliated company KMARuda, based in Belgorod.
Tulachermet and KMARuda are both a part of Koks group.