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Thursday, October 29, 2020

TEK SPb wants to draw a line of credit of 950 million rubles

Borrowed funds the company will use for refinancing and replenishment of working capital.


Saint-Petersburg, 17 Okt – news Agency Neftegaz.RU. TEK SPb is planning to attract 3 revolving line of credit.


This was announced by the company.



Borrowed funds the company will use for refinancing and replenishment of working capital.



The company has placed the purchase.


The results of the auctions will determine the Bank or banks which will provide funds.



TEK SPb is going to raise money on a year from 20 November 2020 20 November 2021


The debt limit for one line of 350 million rubles.


The other two RUB 300 million.


The amount of the contract on the first line may amount to 24 million rubles, the second and third 20,67 million rubles.


Applications from banks accepted until November 2 .


TEK SPb is one of the leading thermal power companies in the North-West of Russia, its share in the Petersburg market of thermal energy is about 48%.

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