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Domodedovo Takes a Loan

By The Moscow Times

Domodedovo, the operator of Russia's largest airport, secured 165 million euros ($216.5 million) in a five-year syndicated loan for general corporate purposes, one of the arrangers said in a statement Sunday.

Raiffeisen Bank, which arranged the deal along with ING and Rosbank, added that the loan was raised at a rate of Euro Interbank Offered Rate plus 2.8 percent. Domodedovo had planned to list its shares last year but postponed the deal due to weak markets.

(Reuters)

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