Sviaz-Bank Gives 500 mn Rubles in Loan to MC Perekrestok in Kemerovo
OREANDA-NEWS. August 16, 2013. Sviaz-Bank’s branch in Kemerovo opened a revolving credit line with a debt limit of 500 million rubles to the Perekrestok Management Company, LLC, for a drawdown period of three years. The borrower will use the loan funds to increase its working capital.
MC Perekrestok is a member of the Perekrestok Oil Group of Companies, one of the Kuzbass fuel market leaders. Wholesale and retail sale of petroleum products is the core activity of the Group’s companies.
The company operates 105 filling stations, five tank farms, a fleet of modern gasoline tanks, and a crude oil refinery. The Group of Companies is developing rapidly and expanding the geographical boundaries of its operations.
The Bank’s local branch has been cooperating successfully with MC Perekrestok, LLC, since August 2011.
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