DTEK attracts USD 150 mln syndicated loan
20 May 2008
The Donbas Fuel and Energy Company (DTEK) attracted two-year syndicated loan for USD 150 mln at LIBOR+3%, the company said yesterday. Barclays Capital and Standard Bank were the loan’s lead managers. Proceeds will be used to purchase mining equipment from the Czech Republic and Germany for Pavlohrad Coal and Komsomolets Donbasa (SHKD: SELL).
