Energy generating company PJSC Centrenergo has selected state-controlled Oschadbank (Kyiv) the winner in a tender to raise a renewable credit line of UAH 150 million.

Following the announcement of the state holding in the Visnyk Derzhavnykh Zakupivel bulletin, the proposal was accepted on July 11, 2013. The deadline for signing a loan agreement between the parties is August 9.

Funds are raised for one year. The cost of servicing the credit line is UAH 28.5 million (excluding VAT).

PJSC Alfa-Bank (Kyiv) also participated in the tender. It was ready to issue funds to the company with the cost of servicing being UAH 31.5 million (excluding VAT).