Raven Russia signs $95 mln loan agreement

Date : 08/28/2008 @ 4:29AM
Source : TFN
Stock : Raven Russia (RUS)
Quote : 30.0  -3.75 (-11.11%) @ 11:35AM
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Raven Russia signs $95 mln loan agreement

        LONDON, Aug 28 (Reuters) -     Russia-facing property company Raven Russia
 said Thursday its Megalogix warehouse joint venture had agreed a $95
million loan to finance its logistics project in Novosibirsk, Siberia. 
       The AIM-listed company said in a statement that the construction of the
project is well-advanced and is expected to be completed at the end of this
year. 
       (Reporting by Boby Michael in Bangalore; Editing by Rosalba O'Brien)
Keywords: RAVENRUSSIA/LOAN     
tf.TFN-Europe_newsdesk@thomson.com
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