DTEK signed agreement for RUB 5.35 billion facility

The funds will be used for corporate purposes, including the replenishment of working capital and financing of capital expenditures.
“Taking into account the conservative approach banks are currently taking to financing industrial enterprises, the granting of this credit line is one more indicator of the efficiency of DTEK's governance system, with its transparent, sustainable business processes and forecastable results,” said DTEK CFO Vsevolod Starukhin. “We are definitely focused on long-term cooperation with VTB Group and are interested in a wider range of financial instruments that will continue to provide efficient financing of our key projects.”