OREANDA-NEWS. On 12 August 2009 was announced, that the Ministry of Economy yesterday on its website announced the tender for banks to provide Donbasenergo (DOEN) with a one-year USD 200 mln loan. The Ministry will accept bids until September 4, 2009. 

Concorde Capital: Most likely, the loan will be used just to refinance Donbasenergo's current short-term loans (UAH 255 mln as of June 30) or its current portion of long-term loans (UAH 144 mln as of June 30). We don’t expect this news to influence the stock.

Concorde Capital is a full service investment bank operating on the Ukrainian, Russian and CIS markets. In 2007 Concorde Capital’s analytical team was recognized as the Top Team covering Ukraine by Thomson Extel's Pan European Survey. Senior Analyst Alexander Paraschiy was recognized as the Leading Pan-European Investment Analyst – European Emerging Markets. Concorde Capital is a leader when it comes to private placements and M&A deals. Concorde Capital’s sale of a stake in Electron Bank to Volksbank International AG was named the Best Ukrainian M&A deal of the year 2007 by the Adam Smith Institute.