Sviaz-Bank to Open Credit Line to Omskgorgaz
OREANDA-NEWS. August 25, 2011. Sviaz-Bank’s Omsk branch has been named winner of a public auction and will be awarded a contract to open a revolving line of credit with a limit of up to 250 million rubles to Omskgorgaz OJSC, reported the press-centre of Sviaz-Bank.
The company will use the borrowed funds to refinance its debt to other banks and to finance its current business. The credit line has a drawdown period of three years.
Omskgorgaz OJSC is a leading company supplying gas to the region’s population and one of only a few companies in Omsk providing maintenance services on gas equipment in houses.
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