Bloomberg News

ChelPipe to Get $591 Million Loan From Bank of Moscow

October 05, 2011

Oct. 5 (Bloomberg) -- ChelPipe, Russia’s third-biggest maker of oil and gas pipes, is to receive a four-year 19.35 billion-ruble ($591 million) loan from OAO Bank of Moscow, the company said today in a regulatory filing.

--Editors: Alan Purkiss, Chris Peterson

To contact the reporter on this story: Yuliya Fedorinova in Moscow at yfedorinova@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net


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