26 Oct 2010 11:52

Tenex could raise syndicated $500 mln loan

MOSCOW. Oct 26 (Interfax) - Russian nuclear materials exporter Techsnabexport (Tenex) plans to raise a foreign syndicated bank loan of up to $500 million repayable in five years, the general director of the state Rosatom corporation, Nikolai Solomon, told reporters.

"I think we'll have an official statement by November 1 after we have signed the mandates [with the banks]," Solomon said.