OREANDA-NEWS. May 07, 2010. OJSC Nordea Bank has issued a loan to OJSC Interregional Distribution Grid Company of South (Rostov-on-Don) under the loan agreement signed, reported the press-centre of Nordea Bank.   

The loan totaling 1.9 bRUB has a 3 year maturity period. Signing of the agreement between the Bank and MRSK South was a result of the Bank’s winning a tender organized by the Company.

Pursuant to the tender, the loan is unsecured and envisions a balloon payment.

The Company plans to use the loan amount for the purpose of financing its day-to-day activities.