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Megafon increases RCF to Rbs50bn, signs new Rbs30bn facility

Connectivity BusinessbyConnectivity Business
July 3, 2016
in Financing, Space Services
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Russian telco Megafon has agreed with VTB to extend the maturity of a revolving credit facility established in 2012 to 2023 and increase the limit from Rbs30bn (US$470m) to Rbs50bn (US$783m). In addition, the telco and Sberbank have signed a new credit facility agreement for up to Rbs30bn maturing in 2022, also to finance general corporate purposes. Russian telco Megafon (MCX:MFON) […]

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