7 Dec 2009 16:35

MOSCOW. Dec 7 (Interfax) - Mobile TeleSystems (MTS) has signed an agreement with Canadian export agency Export Development Canada (EDC) on a credit line totaling $165 million, the Russian mobile operator said in a statement.

The loan interest rate is LIBOR+4.5% semiannually. The funds will be used to finance equipment deliveries within one year of the signing date.