Belaruskali is seeking to secure a credit facility worth $300 million from the Finance Ministry of Azerbaijan, blackseagrain reports. The Belarus-based joint stock company will use the proceeds to implement investment projects and social and economic development programs in the country from 2011 to 2015.
The money will also be used for the repayment of interests and other payments for the use of the credit line. Belaruskali has selected Priorbank as its agent bank.
