Мини-Отели Санкт-Петербурга

KIEV HAS RECEIVED THE INTERNATIONAL MUNICIPAL LOAN FROM BANK MERRILL LYNCH

				
				
				
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KIEV HAS RECEIVED THE INTERNATIONAL MUNICIPAL LOAN FROM BANK MERRILL LYNCH
AT A RATE OF 100 MILLION DOLLARS
      Kiev, on March, 5th. A/PRIME-TASS/. The city of Kiev the first in Ukraine
Has received from American investment bank Merrill Lynch
The international municipal loan of at a rate of 100 million doll for a period of 3
Year under the rate of the annual of 7,65 percents. The press-service has informed on it
The Kiev city state administration.
      Means will be used on reconstruction to 5-star
Class of hotels "п п?я п я п п?п?я п п?п п?я п п я " and "Theatrical", on end
Buildings of the Central car market, and also on purchase of the transport
Means.
      To use proceeds of credit, according to the agreement with
Merrill Lynch, it is provided through deposits of the Ukrainian commercial
Banks which on a tender basis will lead selection of business plans on
Realisations of financed projects.
     After realisation of this project its scheme will be extended on
Other cities of Ukraine.
      According to signed in December 1997 g the mandatory
The agreement between the Kiev city state administration and
Merrill Lynch, after granting of the international municipal
Loan the presentation in London the Kiev bonds should take place
External loan for the 100 million sum doll for placing on the European
The market of the private capital for a period of 3 years.
       However, in connection with proceeding instability on
The international financial markets and considering that fact, that to Kiev yet
The international credit rating, the Kiev city is appropriated
The state administration has made decision to transfer this
Presentation for later term, it is spoken in the press release.
       According to administration, requirement of Kiev for the foreign
Investments now it is estimated more than in 2,5 mlrd dollars
Since 1992 g since time of independence Ukrainy/in economy of Kiev
As of January, 1st 1998 g it is enclosed foreign investments on
The 600 million sum doll/nearby 35 percents from total amount of the foreign
Investments into Ukraine/, including in 1997 g - 155 million dollars - 0 -
nb/sbg
//* an information Source: the Prime-TASS, 5.03.98
//* Reg. Nom. - 1080300048.44-------------------------------------------