Sberbank CIB released the 6bn rub. worth credit line for Akron, Sberbank CIB informed.
The credit will be spent on the investment and corporate targets including debts coverage. The credit line expires in 3 years/ The credit rate is undisclosed.
Akron (TIN 5321029508) is one of the largest plants in the north-western region of Russia. It is a maker of fertilizers, ammonia etc. In 2013 the output moved up 6% to 5.257mln ton.
The share capital is worth 238.438mln rub. split in 47687600 common stocks of 5 rub. par.
The 2013 net profit (IAS) declined 12% to 13.019bn rub.; revenues - 5% to 67.904bn rub.; EBITDA - 23% to 15.386bn rub.
The 2013 net losses (RAS) gained 2.904bn rub. vs. 8.554bn rub. in profit; revenues dropped 7% to 36.059bn rub.; profit from sales - 35% to 9.222bn rub. from 14.111bn rub.
"AK&M", 14:01, 20.06.2014 1251 AKM,COR,BNK