Russia's MTS agrees on up to $165 mln loan

 @ibtimes on December 07 2009 2:51 PM

MOSCOW, Dec 7 - Mobile TeleSystems (MTS) * Announces it has entered into a credit facility agreement in the amount of up to $165 mln backed by Export Development Canada * Says will use the facility to finance advance payments to its vendors within a 12-month period from the date of the signing * The facility matures in Dec. 2012 and pay an interest of 6-month LIBOR LIBO plus 4.5 percent?

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