Ukraine Rail May Get $3.6 Billion Russian Loan, Interfax Reports

Ukrzaliznytsya, Ukraine’s state-run railway company, is in talks with Russia’s Vnesheconombank (VNECB) over a 28.5 billion hryvnia ($3.6 billion) loan to purchase 510 locomotives, Interfax-Ukraine reported, citing Mykola Serhiyenko, the first deputy head of Ukrzaliznytsya.

The 10-year loan may be available as of this month, the Kiev, Ukraine-based newswire said.

To contact the reporter on this story: Kateryna Choursina in Kiev at kchoursina@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

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