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Govt allows Naftogaz Ukrayiny to borrow $550mln from Credit Suisse
Journal Staff Report

KIEV, Nov. 9 - The Ukrainian government allowed Naftogaz Ukrayiny, the national oil and gas company, to attract a $550 million loan from Credit Suisse International, a source in the company said Thursday.

The Fuel and Energy Ministry gave its permission for the company to borrow the money after the government four months had ago refused to provide a $1 billion bailout as the company had requested.




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