Article: Artemovsk nonferrous plant secures 100 mln hryvni bank loan.

Artemovsk nonferrous plant secures 100 mln hryvni bank loan

KYIV. July 13 (Interfax) - First Ukrainian International Bank extended a loan of 95.95 million hryvni to the Artemovsk Nonferrous Metals Processing Plant.

The agreement for the two-year loan was signed on July 3, the bank said. The interest rate on the loan is 10.9% annually.

In addition, Kyiv-based Ukrsotsbank increased a multi-currency renewable credit line that was opened to the plant in June 2005 to $9.5 million from $7 million, the bank ...

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