The Ukrainian Metal

Russia: SUMZ borrows 95 million euros from Sberbank

Sberbank will provide the Sredneuralsky Copper Smelting Works with a multi-currency renewable limit on trade operations within the framework of the general agreement dated January 11.

The minimum amount is 95 million euros.

The money is provided until January 10, 2021.

The limit of the loan is 22.77% of the company assets cost as of September 2017. (Ukrainian metal)

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