News

Standart & Poor’s rating services has finished their review of Breboro Holdings Co. and has upgraded long-term confidential credit rating to “B-” with the outlook on the rating as stable.

 

11 / 09 / 2013

 


 


 

Expobank has opened a credit line of 220 million rubles for KVARTSTROY Holding to implement the  BULATNIKOVO RESIDENTIAL ESTATE PROJECT

 

12 / 08 / 2013

Expobank LLC provides to Kvartstroy Holding credit facilities with the total limit of 220 million rubles for financing the Bulatnikovo Residential Estate Project construction at the address: Site No. 3, near Zhabkino Village, Bulatnikovo Rural Community, Leninsky Municipal District, Moscow Region.

Dmitry Ganushkin, Expobank LLC Deputy Head of the Board, says: "The Project is aimed at constructing affordable housing that is quite popular now and enjoys a stable demand. Financing construction is a promising line of business for the Bank, and we develop it successfully.”

KVARTSTROY Company begins construction of the Bulatnikovo Real Estate in 2013. Currently the project is at the stage of preparing permits, licenses, and approvals. The project is a modern, low-storeyed and comfortable residential zone of economy class, in the vicinity of Moscow. Its total area is 59,000 sq. m. The project includes a kindergarten, an elementary school and a complete range of recreational and sport infrastructure.

The Expobank specialists conducted a thorough due diligence prior to making a decision. All the aspects were considered, including the design documentation status, location, construction quality, the total concept of development and social infrastructure, as well as the quality of planning solutions since they impact liquidity of future apartments and offices.

 

Kvartstroy - Raiffeisenbank

 

31 / 05 / 2013

Kvartstroy Group of Companies together with Raiffeisenbank prepares a debut issue of ruble bonds for the total amount of 1.5 billion. The money shall be used for developing current projects, acquiring new ones and refinancing the current debt. The bonds are to be placed in the autumn of 2013.