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  Saturday, December 14, 2019
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The "Perekryostok" has signed an agreement to receive a loan valued at USD 75 million from a group of large Western banks
MOSCOW, January 30. The Perekryostok chain of food stores has signed an agreement to receive a loan valued at USD 75 million from a group of large Western banks. The Perekryostok press service told Rosbalt that HSBC Bank, Raiffseisen Zentralbank Oesterreich and Rayffayzenbank Austria arranged the loan. The financing of the loan will be provided over a course of two years with the possibility of extension. The first installment of the loan was issued to Perekryostok on January 23. Perestroyok officials said this was the first loan ever that they have received, which was arranged by Western banks. Perestroyok is one of the leading Russian food retailers and was founded in 1995. The retailer's chain includes 60 stores with a total floor space of more than 90 thousand square meters. Perestroyok has stores in Moscow, Moscow Region, Saint Petersburg, Samara, Toliatti, Volgograd and plans to expand into other regions
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