Ufaleinickel OJSC receives $15 million loan from Bank of Moscow OJSC

20 January 2006 (08:42)

Ufaleinickel OJSC Board of Directors approved of signing a loan agreement with Commercial Joint-Stock Bank of Moscow OJSC. The loan comprises $15 million and is to be paid off within 1.5 years. Ufaleinickel OJSC proffered to consider its realty and right to part of the company’s profits a guarantee of its meeting the contract liabilities.

The transaction makes up 35.47% of the company’s assets.


Other materials on the topic::