OREANDA-NEWS.  At the end of 2013, DTEK concluded a credit agreement with the Black Sea Trade and Development Bank for a sum of USD 30 million with a 7-year maturity.

The funds are planned to be used for general corporate purposes, including for financing capital expenditures.

“This transaction represents the first time DTEK has successfully cooperated with an international financial institution. This is an indicator of the Company’s high level of transparency of the company’s activities, sustainable business processes, and compliance with environmental safety standards. Moreover, the signing of this agreement took place during an extraordinary economic period in the country. We highly appreciate the Black Sea Trade and Development Bank for its consistent position and its confidence and willingness to support projects in Ukraine,” said DTEK CFO Vsevolod Starukhin.