Sviaz-Bank, KuibyshevAzot Sign Agreement on Credit Line
OREANDA-NEWS. November 08, 2013. Sviaz-Bank’s branch in Samara and KuibyshevAzot OJSC entered into an agreement on a revolving credit line with a disbursement limit of 1 billion rubles to be opened to the company.
The credit line will have a drawdown period of 60 months, and the company will use the borrowed funds to finance its current operations.
Cooperation between Sviaz-Bank and KuibyshevAzot OJSC started in 2010 and is successfully developing this year as well.
KuibyshevAzot OJSC is a leading company in the Russian chemical industry; it is named among the top ten world producer and first in the CIS in caprolactam output.
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