Eurocement signs credit line agreement with BNP Paribas syndicate

Eurocement signs credit line agreement with BNP Paribas syndicate
Published: 02 January 2008

Eurocement Group has signed a credit line agreement to the amount of EUR140m for 10 years with  BNP Paribas, acting as the lead-manager of the syndicate composed of Danske Bank, Nordea Bank and  HSBC.
 
The funds are supposed to finance the construction of a cement works in the Voronezh region. The works will be put into operation in 2010. Investments in the project will exceed 15 billion rubles.