OREANDA-NEWS. On 06 April 2009 CenterTelecom OJSC announced the results of an open tender for the company’s foreign currency borrowing and bank account arrangements.

The tender sought proposals on the following:

Lot 1: The right to conclude a foreign currency loan agreement with CenterTelecom OJSC;

Lot 2: The right to conclude a foreign currency bank account agreement with CenterTelecom OJSC;

Lot 3: The right to conclude a foreign currency bank account agreement with CenterTelecom OJSC.

A Tender Commission meeting on March 30 reviewed the responses to the tender and recommended to the company’s General Director the conclusion of agreements on Lots 1 and 2 with Orgresbank OJSC, the only participant whose response corresponded with the Lots 1 and 2 requirements.

The Commission also recommended the conclusion of agreements on Lot 3 with Svyaz-Bank OJSC, the only participant whose response corresponded with the Lot 3 requirements.