OREANDA-NEWS. October 19, 2012. The agreements provide JSC “RZD” lines of credit totaling RUB 50 bln1 with access to the funds on the day of request after approval of the essential terms according to the Reuters Dealing system. The lines of credit have been opened with the goal of managing the current liquidity of JSC “RZD.”

Alexey Grenkov, Managing Director and Head of the Client Managers Division of the DCC commented on the deal, “This is an important step in strengthening the bank’s partnership with JSC “RZD.” The main share of the company’s investment program is financed from internal sources and through the placement of public instruments. These lines of credit will allow the company to alleviate its short-term financing needs with the goal of more effectively managing its liquidity.”