OREANDA-NEWS. September 9, 2010. SCM has paid the next tranche for the secured loan of USD 545 mln. The payment has been effected in full compliance with the terms fixed in the loan facility agreement.

SCM obtained a syndicated loan for four years in March 2007. Initially the amount of the loan made USD 400 mln. Later (in August 2007) the figure grew to USD 545 mln.  SCM has already made 6 tranches out of 7 to repay the loan. The last payment is to be effected in the first quarter of 2011.

SCM is a professional investor that owns and controls assets in mining and metals, power generation and distribution, telecommunications, banking, insurance, media as well as in retail and real estate.

SCM Group includes Metinvest Holding, DTEK, VegaTelecom Group, Segodnya Multimedia, TRK Ukraina, ESTA Holding, Ukrainskiy Retail and others.

100% SCM is 100% owned by Ukrainian businessman, Rinat Akhmetov.