Sberbank Issues Loans to A5 Group
OREANDA-NEWS. May 19, 2014. Sberbank issued loans to OJSC “Mosoblfarmatsia” and JSC "TORGOVAYA SET "APTECHKA", part of A5 Group, for the amount of 1.59 billion rubles and 1.85 billion rubles, respectively.
The purpose of the loan is to refinance debt. The term of the agreement is five years.
A5 Group, the largest pharmacy chain in Russia in terms of the number of stores, sells pharmaceuticals and medical goods in pharmacies under the brands “A5”, “Norma” and “Pharmadar”.
“We highly appreciate the agreement reached between Sberbank and one of the leaders in the Russian pharmaceutical market”, – noted Svetlana Sagaidak, Senior Vice President of Sberbank.
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