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Finnvera to guarantee a 150 Million Euro loan for Russian teleoperator Megafon

Finnvera, a credit agency owned by the State of Finland, has agreed to guarantee a loan of some 150 Million Euros for the Russian teleoperator Megafon. The lender is the Italian bank UniCredit. The agency agreed to guarantee loans for purchase of telecomms equipment from the Finnish company Nokia. It has done so before in 2008, 2011 and 2014.

Written by Janita on Thursday July 16, 2015
Permalink - Tags: business, economy, nokia, finnvera, russia, finland