OREANDA-NEWS. On 30 May 2008 was announced, that JSC Irkutskenergo declared a competition on the right to conclude contracts for opening two renewable credit lines. According to the Company's notice, each credit stipulates the debt limit of 800 million rubles.

According to the terms of the first lot, the maximal interest rate per credits depending on the term of the loan may equal from 10.3 % up to 11.85 %. Under the second lot, the maximal interest rate under credits is calculated on the basis of MosPrime rate for the term which is the most close to the term of the respective credit plus 2.5 % - 2.9 % (depending on the term of the loan).

Application forms for participation in the competition may be submitted till 24 June; the results will be declared on 30 June.