Nordea Bank is one of the winning bidders in the auction held by JSC Interregional Distribution Grid Company (IDGC) of the Center in order to raise financing

16.12.2009

Nordea Bank is one of the winning bidders in the auction held by JSC Interregional Distribution Grid Company (IDGC) of the Center in order to raise financing

OJSC Nordea Bank has become one of the winning bidders in the auction held by JSC IDGC of the Center in order to select a financial service provider. As the result of the auction, the Bank will provide the company with an overdraft with a limit of 0.4 billion roubles. The applicable interest rate is 9% per annum.
The overdraft will be used to finance the working capital and to bridge cash gaps.

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