2012.07.09 | Russia’s ChelPipe guarantees 9.4 bln rbl loan for PNTZRussia’s Chelyabinsk Pipe Rolling Plant (ChelPipe) and its unit Trading House Uraltrubostal have provided a guarantee for a 9.39 billion ruble loan taken out by another unit Pervouralsk New Pipe Plant, or PNTZ, from Gazprombank, according to ChelPipe’s documents seen on Wednesday.
Obligations stipulated by the deal are to be fulfilled on September 29, 2017.
ChelPipe is one of Russia’s biggest industrial groups in the metals and mining sector.
(32.4789 rubles – U.S. $1).
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