Alfa-Bank has provided financing of 2.5 billion rubles to Seversky Pipe Works, a part of TMK.
The funds have been issued for 4.5 years.
“Alfa-Bank is supporting the long-term partner relations with TMK. Strong capital positions, flexibility, speed and the industry expertise allow the bank to successfully compete with state banks for the largest borrowers – the leaders of various industries” Alfa-Bank board member Maksim Pershin said. (Ukrainian metal)