Last Updated November 15, 2002
Russia's SeverTek has secured a US$200mn dual tranche facility. JSC SeverTek is a special purpose joint-venture company owned by KomiTek of Russia (50%), a majority-owned subsidiary of Lukoil, and by Neste Production Russia Oy (50%), a wholly-owned subsidiary of Fortum of Finland. The loan comprises a US$100mn six-year A loan underwritten by the EBRD that will not be syndicated and a US$100mn six-year B loan underwritten by HVB Group and syndicated
Central & East European News
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