, MHI now looks to forge globally optimized production and parts supply structures for its centrifugal chillers as a way of enhancing their global competitiveness, to drive further expansion of the company's share in the world market.
5 years; repayment of EUR 40 million syndicated loan and the buyback of US$ 50 million of CLN by MBRD
In January 2009, MBRD
repaid EUR 40 million syndicated loan.
In December 2007, MBRD
acquired the remaining 49% stake in East-West United Bank, Luxemburg (EWUB) for a total cash consideration of Euro 31.
expanded its retail business through the opening of 4 branches and 43 mini-offices since the end of the third quarter of 2006.
7 million under 5-year ruble-denominated credit facility signed by Comstar in June 2007 with the Savings Bank of the Russian Federation (Sberbank), a US$ 50 million 2-year credit line obtained by MBRD
from Dresdner Bank in May 2007, and a RUB 1 billion bond issue by Intourist in April 2007.
The business has commenced infrastructure projects for data processing centers in Ukrsotsbank, Rodovid bank, MBRD
and the Ministry of Finance of Armenia; the installation of CRM system in MTS; the implementation of multimedia interactive education environment in the Moscow Subway training facility; the implementation of automated systems for personnel departments of government agencies; and the installation of Oracle E-Business Suite in Nurbank in Kazakhstan amongst others.
US$ 285 million of consolidated debt as a result of the acquisition of Intracom Telecom, US$ 160 million received from the bond offering of MBRD
in March and June 2006, and US$ 200 million raised by the SITRONICS Finance from the bond placement in February 2006, as well as additional financing attracted by MTS.
0 million of proceeds from the MBRD
bond offering in March and June 2006, and the US$ 200.
The decrease is primarily related to the growth in loans outstanding to banks issued by MBRD
, whereas the corresponding increase in debt financing secured by the bank is included in cash inflow from financing activities.
0% stake in MBRD
for US$ 10 million in cash and promissory notes, increasing its voting power to 99.
In the Banking segment, Sistema acquired a further 13% stake in MBRD
for US$ 10 million in cash and promissory notes, increasing its voting power to 99%.