BRIEF-Russia's Megafon signs 35 bln rbl loan deal with Sberbank

  • Reuters
  • Stock Market News
BRIEF-Russia's Megafon signs 35 bln rbl loan deal with Sberbank
Credit: © Reuters.

Feb 8 (Reuters) - Megafon MFON.MM says:

* Megafon and Sberbank SBER.MM have agreed on the opening of a 35 billion rouble ($588.62 million) credit line until 2024 to help finance Megafon's acquisition of a stake in Mail.ru MAILRq.L ;

* Sberbank will also lower interest rates on three existing credit lines worth a total of 97.2 billion roubles. Further company coverage: MFON.MM ($1 = 59.4613 roubles)

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100