22-Mar-2010 12:36 PM
Aeroflot to receive short-term loan of EUR331 million from Sberbank: reports
Aeroflot will reportedly receive a short-term loan of EUR331 million from Sberbank, with the aim of the loan to enable the carrier to repurchase 25.8% of company shares from National Reserve Bank (Aviaport, 19-Mar-2010). The carrier reportedly plans to place RUB12 billion (EUR302 million) exchange bonds to pay back the loan.