Seventh Continent Fully Paid 3-Years Maturity Loan to BSTDB
OREANDA-NEWS. August 05, 2010. JSC "The Seventh Continent" fully paid the 3-years maturity loan to Black Sea Trade and Development Bank (BSTDB) by achieving the last payment in the amount of USD 19.98 mn. Total amount of the loan was USD 36 mn., reported the press-centre of The Seventh Continent.
JSC “The Seventh Continent” was established in 1994 and today is an international retail chain and one of the leading Russian national chains. The Company operates in two major formats: supermarkets and hypermarkets.
As of the end of July 2010 the Company has stores in Moscow and Moscow region (121 supermarkets and 4 hypermarkets), in Kaliningrad region (10 supermarkets), in Belgorod (1 hypermarket), in Ryazan (1 hypermarket), Chelyabinsk (1 hypermarket) in Minsk, Belorussia (1 hypermarket), in Perm ( 1 hypermarket) and in Yaroslavl (1 hypermarket).
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