MLP Group looking to house new loan

Russian warehousing firm MLP Group has reached a preliminary agreement for a $116.8m seven year loan for its MLP Podolsk site in Moscow.

  • 19 Mar 2013

MLP is in discussions with Russian state-owned lender Sberbank and Sberbank subsidiary Srednerussky Bank about the deal.

Once signed, MLP will have borrowed more than $500m from Sberbank through different credit lines, Michel Pascalis, MLP chief executive, said in a statement.

Access to Sberbank’s balance sheet will probably ...

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