Megabank to attract a USD 40 mln syndicated loan

20 May 2008

Megabank (MEGA: BUY) is planning to attract USD 40 mln syndicated loan by autumn 2008, CEO Elena Zukova said on Friday. The European Bank of Reconstruction and Development will lead manage the loan. Elena Zukova also said Megabank has attracted a USD 10 mln credit line from KfW, which is expected to be extended to USD 20 mln.

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