ArmRosGazprom effects early repayment of governmental credit

ArmRosGazprom effects early repayment of governmental credit
February 18, 2010 - 16:33 AMT

PanARMENIAN.Net -
In accordance with October 16, 2009 contract with RA Ministry of Finance, a credit of USD 40 million (6-month maturity period, 11% annual interest rate) was provided to ArmRosGazprom CJSC.



As of February 17, 2010, an early payment of USD 30 956 080 was effected, with over USD 974 000 of interest money returned.



Credit balance of USD 9 043 920 will also be paid ahead of the time-limit stipulated.





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