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MTS secures ECA facility

Connectivity BusinessbyConnectivity Business
March 28, 2010
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Russian mobile operator MTS has raised a credit facility of US$97m backed by the German export credit agency Euler-Hermes.
Credit Agricole and BNP Paribas are MLAs of the facility, which matures in January 2019.
The proceeds will be used to buy equipment…

Russian mobile operator MTS has raised a credit facility of US$97m backed by the German export credit agency Euler-Hermes.

Credit Agricole and BNP Paribas are MLAs of the facility, which matures in January 2019.

The proceeds will be used to buy equipment from Alcatel-Lucent for MTS’ mobile networks in Russia.

Tags: Alcatel LucentBNP ParibasCredit AgricoleMobile TeleSystems (MTS)
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