12 Dec 2012 17:35

Sberbank to loan 5.2 bln rubles to Vnukovo shareholder

MOSCOW. Dec 12 (Interfax) - OJSC Vnukovo-Invest, which owns 25.0055% of OJSC Vnukovo Airport, will borrow up to 5.18 billion rubles from Sberbank , the airport shareholder said in a press release.

The Vnukovo-Invest board of directors will discuss the loan on December 14. Airport shares will be put up as collateral for the loan.

Vnukovo-Invest is not disclosing any other loan terms.

Vnukovo Airport served 8.2 million passengers in 2011, down 13%.

The other 74.7353% stake in the airport is state owned.