LenSpetsSMU redeems fourth tranche of Raiffeisenbank credit line

25.05.2015

On 22nd May 2015, CJSC SSMO LenSpetsSMU redeemed in full and on time the fourth tranche of its multicurrency credit line with Raiffeisenbank in the sum of RUB 96.7 mn.

With the redemption of the fourth tranche credit line debt has decreased to RUB 483.7 mn.

REFERENCE:

CJSC SSMO LenSpetsSMU in the framework of bilateral agreements with Raiffeisenbank received credit lines for a total amount of USD 57.9 mn and RUB 870.6 mn.

Currently there is credit line, opened by Raiffeisenbank in August 2013 up for the period of 3 years, which was drawn down in a total of RUB 870.6 mn.

CONTACT DETAILS:

Savchuk Ksenija Valer'evna

Head of Public Relations

+7 (812) 348-21-25

Kseniya.Savchuk@etalongroup.com

Yana Yashchenko

Deputy CFO

+7 (812) 348-09-95

Yana.Yashchenko@etalongroup.com