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6 months ago
BRIEF-Russia's Megafon signs 35 bln rbl loan deal with Sberbank
February 8, 2017 / 7:07 AM / 6 months ago

BRIEF-Russia's Megafon signs 35 bln rbl loan deal with Sberbank

Feb 8 (Reuters) - Megafon says:

* Megafon and Sberbank have agreed on the opening of a 35 billion rouble ($588.62 million) credit line until 2024 to help finance Megafon's acquisition of a stake in Mail.ru ;

* Sberbank will also lower interest rates on three existing credit lines worth a total of 97.2 billion roubles. Further company coverage: ($1 = 59.4613 roubles) (Reporting by Moscow Newsroom)

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