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Vnesheconombank and Rosa Khutor to Sign Credit Agreement

VEB will provide the first credit tranche worth 3.15 bn. rub. to Rosa Khutor in the framework of a 21 bn. rub. 15-year credit facility.

The Agreement was made within general approaches approved by VEBs Supervisory Board to financing Olympic facilities. Currently eight Olympic facilities construction projects for the total amount of RUR 120 bln are being examined by the Bank.