Naftogaz to get up to USD 1.55 bln loan from Deutsche Bank, eyes another bond issue

According to Oleh Dubyna, CEO of Naftogaz of Ukraine, the company plans to receive up to USD 1.55 bln in loans from Deutsche Bank by the end of 2008. He said that proceeds would be used for current needs. According to Dubyna, the company would consider another bond issue at the beginning of 2009. In 2005, Deutsche Bank opened a USD 2 bln credit line to Naftogaz.