Citibank Is Financing Sale Of Telecom Serbia

The start of the process of Telecom Serbia with the intermediation of Citibank for getting credit has begun.

The start of the process has begun, of Telecom Serbia with the intermediation of Citibank for getting a credit of 700 million euros, which will be paid for with 65 percent of the capital of Telecom Serbia.

The loan will be approved without a guarantor paid in three payments. The first and the third payment will be 300 million whilst the second will be 100 million euros. The deadline for returning the load is two years, with a two year pause at the start. The interest rate will be EURIBOR plus 1.5 percent yearly, written by Poslovni dnevnik.