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Erste Group Signs Facility Agreement with Ukrainian Energy Holding

Published: October 14, 2011; 20:09 · (Vindobona)

The Austrian bank extends an existing credit facility for DTEK from € 50 to € 100m with a maturity of three years.

Erste Group Signs Facility Agreement with Ukrainian Energy Holding / Picture: © Flickr

Erste Group Bank AG is further supporting Ukraine's largest energy holding DTEK through an increased stand by facility amounting to € 100m. The facility has a maturity of 3 years and the funds are planned for general corporate purposes, including but not limited to the financing of M&A and other operations in line with the company’s long-term strategy. The company already…

This article includes a total of 204 words.

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