Dec. 12 Fesco refunded the REPO credit in the volume of $149mln raised by Halimeda International Limited, the company informed.
The new $150mln worth credit is secured by 24.1% of TransContainer placed in pledge.
Fesco Transport Group is one of the largest transport logistic companies in Russia. It keeps own surface and ports infrastructure which permits to provide containers transportation.
The major portion of operations is concentrated in the Far East. The Group holds Vladivostok Sea Trading Port. It provides carriages under the Transgarant brand (wholly-owned sub of Fesco) and Russian Troika (JV set up with RZHD at par).
Fesco keeps above 35ths containers with 56ths TEU in capacity. The Company provides services to Russian and foreign clients.
The 2012-consolidated revenues (IAS) increased 16% against prior year figures.
The IH 2013 net profit (IAS) gained $14mln vs. $61mln in losses; consolidated revenues dropped 4.3% to $557.3mln.