Investor Relations

Mar 09, 2017

UVZ Corporation completely repaid its debt to Alfa-Bank within the frameworks of amicable settlements

ChTZ-URALTRAC Ltd (integrated in the UVZ Corporation) completely repaid its principal debt under the credit agreements earlier concluded with Joint Stock Company “Alfa-Bank”. Earlier, in February of the current year the debt was repaid to the bank by JSC “Uraltrasmash” also integrated in the UVZ Corporation. Credit funds to repay the debt of the Corporation companies to Joint Stock Company “Alfa-Bank” were provided by Gazprombank (Joint-stock Company) covered by the state guarantees. The relevant agreements on granting the state guarantees were signed on 30th December, 2016.