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THE COMMERCIAL AND INDUSTRIAL BANK IS CERTAIN BY THE FINANCIAL MANAGER OF THE PROJECT

				
				
				
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THE COMMERCIAL AND INDUSTRIAL BANK IS CERTAIN BY THE FINANCIAL MANAGER OF THE PROJECT THE SYNDICATED CREDIT FOR KIEV. Kiev. On February, 13th. The INTERFAX-UKRAINA - Commercial and industrial bank (Kiev) is certain by the financial manager of the project of attraction by Kiev The syndicated credit which organizer is bank Merrill Lynch International. As the head of department has informed agency "Interfax-Ukraine" Investment policy Vyacheslav Mukhin, the legal adviser The project the international lawyer company "B.I.M has acted."("Bi. Aп . Em ", Ukraine-SsHa-Izrail). Now representatives goradministratsii carry on negotiations With 7 Ukrainian banks about definition of the agent accumulating Money resources on the bill. In them participate "Vabank", "Aval", "Ukreksimbank", "Ukrinbank", "Ukrsotsbank", "Ukraine", "prominvestbank". The rough size of the syndicated credit - $100 million Term of the credit contract which is supposed to be signed in March 1998 - 3 years. The purpose of the syndicated credit - attraction of financial resources on Realisation of socially significant programs of development of a city, including Reconstruction of hotels and construction of apartment houses of capital of Ukraine. In Particulars, investment requirement of building business-press - The centre in Kiev makes - $20-22 million, constructions of apartment houses on The left coast of Dnepr - an order $32 million, reconstruction of houses in the centre Kiev - $7-8 million //* an information Source: the INTERFAX-UKRAINA, 16.02.98 //* Reg. Nom. - 8080200086.28-------------------------------------------