Altimo Gets $1.5Bln Loan

Altimo, Alfa Group’s telecoms arm, refinanced $1.5 billion from Vneshekonombank with new debt from Sberbank, Interfax reported Monday, citing a source with knowledge of the deal.

The loan is secured by 25 percent of MegaFon, the news service said, without providing additional information about the terms. 


Read more