Sberbank CIB Organizes Credit Facility for Acron
OREANDA-NEWS. June 24, 2014. The agreement was signed to open a three year credit line for Acron worth RUB 6 bln.
Acron plans to use the funds for corporate investment purposes including refinancing current liabilities.
Natalia Ermakova, Head of Corporate Clients Division, Client Management Department, Sberbank CIB, said: “We have been working with leading mineral fertilizer sector companies for a long time and continue to develop our cooperation based on their individual requirements and interests. Acron is one of our key clients and we focus on providing them with complex financial solutions. This product provides the company optimally priced and efficient bank financing.”
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