0
General

Sberbank raises interest rates on Beeline loans

Thursday 26 March 2015 | 19:45 CET | News
Russian bank Sberbank has raised interest rates on three credit lines provided to Vimpelcom, reports Cnews.ru. The interest rates previously varied from 9 percent to 10.75 percent and now range from 14.5 percent to 16.25 percent. The debt of the operator under the credit lines totaled RUB 89 billion at the end of 2014. The largest credit line totals RUB 61.5 billion, due in 2018 with an annual interest rate of 9 percent. A RUB 25 billion credit line must be re-paid by 2017 and carried annual interest of 10.75 percent. The third credit line is worth RUB 2.6 billion and expires at the end of

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Beeline / Vimpelcom
Countries: Russian Federation
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.







Calendar   /   Industry Events

16 Jul Telekom Austria Q2 2019
16 Jul Telenor Q2 2019
16 Jul America Movil Q2 2019
17 Jul Crown Castle Q2 2019
17 Jul Limelight Networks Q2 2019
17 Jul Netflix Q2 2019
17 Jul Ericsson Q2 2019
17 Jul Wipro fiscal Q1
17 Jul Brightcove Q2 2019
17 Jul Tele2 Q2 2019
17 Jul Infinera investor webcast
17 Jul Fiber Optic Expo
18 Jul Nordic Entertainment (NENT) Q2 2019
18 Jul Microsoft fiscal Q4
18 Jul Millicom Q2 2019
18 Jul CrowdStrike fiscal Q1
18 Jul Telia Q2 2019
19 Jul DNA Q2 2019
22 Jul NOS Q2 2019
22 Jul Logitech fiscal Q1
23 Jul Megacable Q2 2019
23 Jul AudioCodes Q2 2019
23 Jul Calix Q2 2019
23 Jul Iridium Q2 2019
23 Jul Snap Q2 2019
23 Jul Vodafone AGM
::: More Calendar Items