Sistema-Hals gets EUR 200m credit line, restructures debt

By A staff reporter 2008-12-02T00:00:00

Russian real estate company Sistema-Hals has announced that it has secured a credit facility for RUB 7 bn (EUR 197 mln) from state-controlled lender VTB and changed the terms for existing agreements with the bank. Sistema-Hals denied in mid-October that it faced any difficulty in financing its short-term debt, and ...

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