Ukrzaliznytsya redeems USD 550 mln loan from Barclays

22 June 2009

Ukraine’s Minister of Transportation and Communication Josyp Vinskiy said in an interview with daily Kommersant this morning that state-owned monopoly railway operator Ukrzaliznytsya redeemed its USD 550 mln loan from Barclays. Ukrzaliznytsya took out the credit in summer 2007 at LIBOR+2.5%.

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