Sistema PJSFC signs a loan agreement with PJSC Sberbank of Russia

  • Nov 26, 2019 GMT
  • Team Kalkine
  • Sistema PJSFC (LON: SSA) has signed new loan agreements with PJSC Sberbank of Russia.
  • As per the terms of the agreement the maturity of the RUB 59.3billion secured loan issued in February 2018 has been extended from 2023 to 2025.
  • The loan can be repaid during 2024 and 2025, while the maturity of the RUB 24.0 billion unsecured loan issued in July 2018 has been stretched from 2021 to 2024.
  • The new loan agreement is to further optimise the Corporation's debt portfolio.

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