(Sistema corrects statement to remove reference to loan being guaranteed by bank in second paragraph.)
Jan. 12 (Bloomberg) -- Sistema Shyam TeleServices Ltd., an Indian unit of Russian billionaire Vladimir Yevtushenkov’s AFK Sistema, received a 12.8 billion rupee ($247 million) loan organized by Deutsche Bank AG.
The loan was provided in the form of nonconvertible bonds and is for eight years, Moscow-based Sistema said in an e-mailed statement today. It didn’t disclose the interest rate.
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