Nordea Bank has opened a credit facility for the O’KEY Group

27.07.2012

Nordea Bank has opened a credit facility for the O’KEY Group

Under the credit facility OJSC Nordea Bank will advance RUB 2.5bn to LLC O’KEY for a five-year term.

The company is planning to allocate the loan funds for replenishment of floating capital, investment purposes and refinancing of the Borrower’s current liabilities.

"On behalf of Nordea Bank let me express the hope that execution of this credit agreement will ignite a long and multifaceted cooperation between our companies," remarks Mikhail Polyakov, Deputy Chairman of the Management Board of OJSC Nordea Bank.


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