Southern Telecom seeks loan

14 Oct 2008

The Russian wireline operator Sothern Telecom is seeking a USD76 million two-year loan. Reuters reports that the telco, which is part of the state telecoms holding company Svyazinvest, has called a tender to provide it with the loan at a maximum rate of 4% over three-month Euribor.

Russia, Southern Telecommunications (UTK), Svyazinvest