Nordea Bank has refinanced a shopping centre in Ufa


Nordea Bank has refinanced a shopping centre in Ufa

OJSC Nordea Bank has opened a non-revolving credit facility to the Finstroy Group for the refinancing of the shopping and entertainment centre «Mir» located in Ufa.

Maturity of the 850 million roubles facility opened by the Bank is 5 years.

Purpose of the facility is the refinancing of the current debt and financing of the general corporate needs.

«Corporate business financing, inter alia, commercial realty, is one of the Bank’s priorities. Within this segment we are cooperating both with capital-based and regional customers», - emphasizes Mikhail Polyakov, Deputy Chairman of OJSC Nordea Bank’s Management Board.

«The Group’s long-term strategy targets at establishing robust relationship with the key western banking structures. The Finstroy Group, having aggressive plans on new projects development in the sphere of retail real estate, is actively operating in the lending market forming a high-quality credit portfolio which consists of completed assets as well as facilities under construction», - remarks Sergey Khramov, the Group’s General Director.

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