Nyzhnyodniprovsk Pipe to Receive USD 200 mln Loan from Interpipe
29 February 2008
According to Interfax, Interpipe Ltd. will provide a USD 200 mln loan for Nyzhnyodniprovsk Pipe (NITR: HOLD) at 10.9% per annum. The company says that the loan is aimed at replenishing the plant’s working capital. Nyzhnyodniprovsk Pipe has already received USD 17.8 mln as a part of the loan.
