OJSC Nordea Bank has granted a facility to CJSC JFC Group under agreement dated May 31, 2010

13.07.2010

OJSC Nordea Bank has granted a facility to CJSC JFC Group under agreement dated May 31, 2010

The facility agreement totaling 15 mUSD has a 2-year maturity.

No security is envisioned in the facility agreement.

The Company plans to use the borrowed funds for the purpose of financing its corporate needs.

This agreement is the first step toward developing relations with JFC Group, which is the leader in the area of growing and selling fruits on the Russian market.

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