OREANDA-NEWS. August 11, 2010. TMM and OJSC "Oschadbank" have signed an agreement on extension of the Company's existing credit lines repayment terms till December 2015. Previously the repayment terms of the credit lines opened by TMM at OJSC "Oschadbank" were set for January 2011 through January 2013.

As reported earlier, in March 2010 TMM received confirmation of financing from OJSC "Oschadbank" aimed at completion of the 1st stage of Sonyachna Brama complex. The funds provided to TMM are sufficient to cover financing requirements for completion of 1st stage of the project and its commissioning in the 4th quarter of 2010.