VTB granted a credit to Sukhoi Civil Aircraft Company

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VTB bank granted a one-year credit to Sukhoi Civil Aircraft Company (SCAC); the credit amount is 16,5 billion rubles. The funds will be used to refinance the company’s foreign currency liabilities, the bank’s press service reports.

“This deal will allow the company to proceed with its plans to reduce its debt burden after the government’s additional capitalization of United Aircraft Corporation. VTB’s priorities include supporting the country’s strategically important companies,” Valery Lukyanenko, member of VTB Bank Management Board, said.

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