The company
Hydraulic Machines & Systems Group plc (HMS Group) is the leading pump and compressor manufacturer as well as a provider of flow control solutions and related services to the oil and gas, nuclear and thermal power generation sectors in Russia and the CIS.
The agreement
HMS Group has announced that is has signed an agreement with UniCredit Bank to open a long-term loan facility in the amount of RUB 1.2 billion.
Intentions for the credit
The 60 month non-revolving credit line with maturity at the end of 2020, will be utilised for general corporate needs.
Edited from source by Stephanie Roker
Read the article online at: https://www.worldpipelines.com/contracts-and-tenders/08122015/hms-signs-loan-agreement-with-unicredit/