Friday, October 24, 2008

“By [vympelKom]” signs credit agreement about the attraction to 600 mln. Euros

The joint stock company “of Message- communication” declared about the signing of the new unprovided credit agreement with the banks Of bank of Of tokyo-Mitsubishi UFJ, Ltd., Barclays Of capital (investment subdivision Of barclays Of bank PLC), BNP Of paribas, Commerzbank Of aktiengesellschaft, Standard Of bank Of plc, Sumitomo Of mitsui Of banking Of corporation Of europe Of limited and by the London department Of westLB AG, as the authorized chief organizers and [bukrannerov].

Credit line has the period of the pay-off of 3 years and the amortization structure of pay-off, with the payments by five equal [transhami], produced one time in half a year. Repayment of credit will begin in 12 months from the day of the signing of agreement. The interest rate on the credit is established as the annual interest rate Of euribor plus 2,3%.

“By [vympelKom]” it noted that it was intended to direct the drawn means toward further development and the expansion of its network, including the possible acquisitions or of investment in the existing operators of connection, and also for refinancing of debt briefcase.

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