Install

Get the latest updates as we post them — right on your browser

. Last Updated: 07/27/2016

Komi Gets Loan




Russia's autonomous Komi Republic has received a $50 million six-month bridging loan from SBC Warburg, the republic's financial adviser KomiTEK oil company said in a statement Monday.


Komi has said it planned to issue a $100 million to $150 million five-year Eurobond early in 1998.


KomiTEK said a framework agreement on the bridging loan was signed Nov. 27.