OREANDA-NEWS. Sberbank CIB will open for Interros several lines of credit in both US dollars and rubles of up to USD 2.2 bln for a period five years. The funds will be used to refinance part of Interros’s current loan portfolio and will also be invested in the company’s projects. The deal, which is being put together by the joint Sberbank CIB team, includes a cross-currency swap for the ruble lines of credit.

Interros is one of the largest private investment companies in Russia. The company’s main projects are focused on the metals and mining sector (Norilsk Nickel), mass media (ProfMedia Holding, Cinema Park), real estate and tourism (ProfEstate, Rosa Khutor), and transport and logistics (Interport). As of the beginning of 2013, the total value of Interross’s assets totaled USD 15 bln.