LenSpetsSMU reduced debt level by RUB 361.3 mn

27.11.2015

On 27th November 2015, CJSC SSMO LenSpetsSMU redeemed before maturity the last tranche totaling RUB 361.3 mn under credit line opened by Bank Saint-Petersburg. The credit line was opened in November 2012 totaling to RUB 578.1 mn for the period until 31st December 2016.

The decision about early redemption is within the framework of credit portfolio optimization in order to reduce the share of short-term debt.

CJSC SSMO LenSpetsSMU will continue to cooperate with Bank Saint-Petersburg.

CONTACT DETAILS:

Savchuk Ksenija Valer'evna

Head of Public Relations

+7(812) 348-21-25, e-mail: Kseniya.Savchuk@etalongroup.com

Yana Yashchenko

Deputy CFO

+7(812) 349-38-40, e-mail: Yana.Yashchenko@etalongroup.com