Armenian Prime Minister: Armenia Will Receive Stabilization Loan Fro

ARMENIAN PRIME MINISTER: ARMENIA WILL RECEIVE STABILIZATION LOAN FROM RUSSIA SHORTLY

Arminfo
2009-06-10 18:12:00

ArmInfo. Armenia will receive stabilization loan from Russia shortly,
Armenian Prime Minister Tigran Sargsyan said in response to ArmInfo’s
question on Tuesday.

account within the coming days>, the premier said.

Russia will provide Armenia with a $500 million stabilization loan
at LIBOR+3% for 15 years and a 4-year grace period.